Malawi suspends official foreign travel to cut expenses
Malawi’s President Lazarus Chakwera has decided to temporarily ban himself and his government from traveling abroad, to help his country cut spending in the face […]
IMF
IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique
The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]
Africa will have a “stronger voice” within the IMF
The Managing Director, Kristalina Georgieva, revealed in an interview on Thursday October 5 that Africa will soon be given a third seat on the Executive […]
IMF releases another 8.1 million dollars to Guinea-Bissau
The International Monetary Fund (IMF) announced Monday October 2 that Guinea-Bissau will receive another tranche of 8.1 million dollars (7.7 million euros) after another positive […]
Mozambique: UBS Group reaches agreement on eve of trial
The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]
Guinea-Bissau’s deficit almost ten times higher than agreed with IMF
The Government of Guinea-Bissau admitted on Wednesday that it will miss the deficit target agreed with the International Monetary Fund (IMF), with a figure that […]
IMF has a resident representative in Cape Verde for the first time
The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]
IMF should return to Angola to help with reforms and control the kwanza
The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]
IMF approves new evaluation and disbursement to Cape Verde between compliments and warnings
The International Monetary Fund (IMF) announced the approval of the second evaluation of the assistance plan to Cape Verde, allowing it to disburse an additional […]
Mozambican government wants to audit about 24 State companies
The Institute for Management of State Holdings (Igepe), the body that manages the State business sector (SEE) in Mozambique, will audit the accounts from 2020 […]