Ghanaian shopkeepers close stores in face of record inflation
Shopkeepers in Accra, the capital of Ghana, closed stores Wednesday as part of a three-day protest against the soaring cost of living exacerbated since the […]
IMF
International Monetary Fund in Bissau to analyze public remuneration scheme
A mission from the International Monetary Fund (IMF) arrived in Guinea Bissau to analyze, along with the authorities, the salary bill of the Public Administration […]
Mozambique: World Bank resumes direct support to the State Budget
World Bank to disburse $300 million in direct support to Mozambique’s State Budget, six years after international partners suspended the model due to hidden debts. […]
Suez Canal announces record profit of $7 billion
The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) in the 2021-2022 fiscal year, after repeatedly raising transit […]
IMF in Lusaka to bail out debt
The IMF’s financial support to Zambia to bail out a massive debt that has put the country into default is expected to be concluded in […]
IMF board approves $456 million program for Mozambique
The International Monetary Fund on Tuesday granted a $456 million (€432 million) loan to Mozambique, the first since it withdrew six years ago at the […]
Food prices: IMF warns of “risks of social unrest” in Africa
Soaring food prices are causing the International Monetary Fund to fear “social unrest” on the continent. “Fears about food security have increased sharply” with the […]
Central African Republic, 1st African country to adopt bitcoin as legal currency
The Central African Republic, the second least developed country in the world according to the UN, has adopted bitcoin as an official currency alongside the […]
IMF: Morocco’s economy is rebounding thanks to successful vaccination rollout against Coronavirus
Thanks to a successful vaccination campaign, Covid-19 cases have declined sharply in 2021, and the Moroccan economy is rebounding, says the International Monetary Fund in […]
Malawi: Partial government after the dismissal of the former team
Malawi’s President Lazarus Chakwera, bound by a campaign promise to root out state corruption, appointed a partial government on Wednesday night, after the surprise dismissal […]