Nigeria’s Inflation Rate Drops Following Major Statistical Overhaul
Nigeria’s annual inflation rate dropped significantly to 24.48% in January 2025, following the rebasing and updating of the country’s price index for the first time […]
International monetary Fund
Senegal Aims for New IMF Programme by June Amid Financial Review
Senegal is optimistic about securing a new agreement with the International Monetary Fund (IMF) by June 2025, following a recent financial review that revealed discrepancies […]
Ghana Government Could Reclaim $21.19 Billion from Stolen State Assets, Says President’s Anti-Corruption Committee
Samuel Okudzeto Ablakwa, Chairman of the Operation Recover All Loot (ORAL), an anti-corruption Committee set up by President of Ghana in January 2025, has disclosed […]
Cameroon hosts CEMAC Summit in difficult economic environment
An extraordinary Summit of the Heads of State of the Central African Economic and Monetary Community (CEMAC) is set to take place on Monday, December […]
Ghana: Opposition candidate John Mahama wins presidential election
In a testament to its tradition of peaceful political transitions, Ghana has elected opposition candidate John Mahama as its new President, with the ruling party’s […]
IMF reaches Staff-Level Agreement to release $251 Million for Ethiopia
The International Monetary Fund (IMF) has reached on November 27 a key agreement with Ethiopia on the second review of its economic aid program, clearing […]
IMF improves Cape Verde growth estimates
The International Monetary Fund (IMF) has revised its economic growth projections for Cape Verde, raising its estimates by 1.3 percentage points for 2024 and 0.3 […]
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 […]
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 […]
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 […]