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International monetary Fund

Food prices: IMF warns of “risks of social unrest” in Africa

April 29, 2022 Steven Addamah 0

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

April 28, 2022 Steven Addamah 0

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 […]

Malawi: Partial government after the dismissal of the former team

January 28, 2022 Steven Addamah 0

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 […]

Nigerian government maintains fuel subsidies

January 26, 2022 Steven Addamah 0

Nigeria’s government has announced that it will once again abandon the removal of fuel subsidies, a hugely popular measure in Africa’s most populous country, a […]

Debt-ridden Zambia wins round with$1.4 bln promised IMF aid

December 6, 2021 Steven Addamah 0

Zambia’s new president, Hakainde Hichilema, has won a promise of 1.24 billion Euros in aid from the IMF after 100 days in power and intense […]

Morocco scores best economic growth performance in MENA – IMF forecasts

October 13, 2021 Khalid Al Mouahidi 0

Morocco will score the best economic growth performance in the MENA region as shown by the forecasts of the International Monetary Fund (IMF), which has […]

IMF extends debt relief program for 24 poor countries

October 11, 2021 Steven Addamah 0

The International Monetary Fund (IMF) has extended its debt relief program for 24 eligible low-income countries until January 10, 2022 to help them combat the […]

DRC gets $1.5 billion from IMF

July 19, 2021 Geraldine Boechat 0

The Democratic Republic of Congo has concluded a program with the International Monetary Fund (IMF), the first step in the disbursement of a credit of […]

The International Monetary Fund granted $50 billion in debt relief to Sudan

July 1, 2021 Steven Addamah 0

The IMF announced on Tuesday a massive economic aid to Sudan, with a debt relief of 50 billion dollars, which consecrates the exit of the […]

DRC: Felix Tshisekedi meets IMF Managing Director to negotiate new program

May 18, 2021 Geraldine Boechat 0

While a mission of the International Monetary Fund (IMF) has been in Kinshasa for more than a week, Kristalina Ivanova Gueorguieva, managing director of this […]

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