IMF sees Angola growing 2.4% and all PALOP countries record expansion this year
The International Monetary Fund (IMF) forecasts Angola’s economy to grow by 2.4% in 2024 and 2.8% in 2025, both below the regional average. According to […]
IMF
World Bank will Focus on job creation and agricultural development in Africa
The World Bank (WB) and International Monetary Fund (IMF) kicked off their annual meetings on Monday, October 21, in Washington. These week-long sessions provide an […]
IMF: Mauritania on the right track in implementing Fund reforms
The International Monetary Fund (IMF) has commended Mauritania for its effective reforms, noting improvements in public finances, monetary policy, exchange rate flexibility, and governance, all […]
Kenya Requests IMF Governance Assessment Amid Financial Challenges
Kenya’s government has asked the International Monetary Fund (IMF) to conduct an official assessment of corruption and governance issues, according to sources familiar with the […]
Cape Verde Bank foresees growth path in the country
Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]
Ethiopia seeks $7bln loan from IMF, WB
Ethiopian authorities seek to borrow 3.5 billion dollars from the IMF and a similar amount from the World Bank to meet its hard currency needs, […]
Ghana agrees to restructure $5.4 billion in debt with new MoU
Ghana has signed a memorandum of understanding (MoU) with bilateral creditors, including China and France, to restructure $5.4 billion of debt. This agreement is crucial […]
Ghana Unable to Secure Debt Agreement with Global Bondholders
Ghana’s attempts to restructure its $13 billion international bond debt have hit a snag, according to government sources on Monday, dealing a setback to its […]
Somalia Achieves 99% Debt Cancellation from Paris Club Creditors
Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]
IMF to Evaluate the Economic Impact of Drought in Zambia
The International Monetary Fund (IMF) has announced its intention to visit Zambia in mid-April to evaluate the economic impact of the ongoing drought. With 84 […]