Nigeria: Buhari asks lawmakers to approve $2.79 bln Eurobond
Nigerian President Muhammadu Buhari on Tuesday asked lawmakers to approve the issuance of a $2.79 billion Eurobond. According to Buhari, the Eurobond will help Africa’s […]
International monetary Fund
IMF disburses $245m loan tranche to Tunisia
The International Monetary Fund last weekend approved the payment of a $245 million loan tranche to Tunisia as the North African nation is making urgent […]
Tunisia needs $2.53 bln in external financing next year
Tunisian government needs around $2.53 billion in external financing in 2019 and plans to issue $1 billion in bonds next month to help cover 2018’s […]
Kenya’s external position is strong – IMF
The International Monetary Fund said Kenya’s external position is strong and it will continue to support its reform efforts through policy advice. Kenya secured a […]
Tunisia raises fuel prices, 4th hike this year
Tunisia has raised fuel prices over the weekend by 4 percent, the fourth hike this year, as the government seeks to cut budget deficit, a […]
Congo seeks Beijing’s help on IMF bailout accord
President of the Republic of Congo Denis Sassou Nguesso will seek Chinese support for its negotiations with the International Monetary Fund about a bailout, a […]
Zimbabwe: Civil servants reject salary increase
Zimbabwe’s public sector staffs have rejected a salary increment of 15 percent proposed by the government. The main public sector union on Tuesday said it […]
Nigeria oil reform bill to establish powerful industry regulator
Nigeria’s government under a legislation—known as the Petroleum Industry Bill (PIB)—will soon create a powerful energy regulator with broad oversight of the oil and gas […]
African nations at risk of debt distress despite growth – IMF
The International Monetary Fund on Tuesday warned that Sub-Saharan African nations are at growing risk of debt distress. This came in the IMF regional economic […]
Kenya’s economic growth to rebound in 2018
Kenya’s economy is expected to grow 5.8 percent this year compared with an estimated 4.8 percent in 2017, thanks to drought cut and less political […]