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International monetary Fund

IMF Approves New Disbursement for Central African Republic Amid Mixed Reform Progress

June 5, 2025 Geraldine Boechat 0

The Executive Board of the International Monetary Fund (IMF) has concluded the third and fourth reviews of the Extended Credit Facility (ECF) arrangement for the […]

Senegal Shifts Gears Toward Self-Reliance Through Domestic Revenue Overhaul

June 4, 2025 Geraldine Boechat 0

Facing the fiscal pressures of suspended international support, Senegal is pivoting toward a bold path of economic sovereignty by intensifying domestic tax compliance. Prime Minister […]

Botswana Braces for Economic Stagnation as Diamond Revenue Plummets

June 4, 2025 Steven Addamah 0

Botswana’s economic outlook for 2025 has dimmed considerably, with officials now preparing to revise growth projections to near zero. The development stems from the prolonged […]

President Tinubu Endorsed by Nigeria’s Ruling Party for Re-election in 2027

May 23, 2025 Steven Addamah 0

The All Progressives Congress (APC), which is in power in Nigeria, endorsed President Bola Tinubu on Thursday, May 22 to seek a second and final […]

Congo’s Former Prime Minister Sentenced to Hard Labor on a Corruption Charge

May 21, 2025 Steven Addamah 0

A former DRC Prime minister was found guilty of corruption and given a ten-year sentence of forced labor. The Congolese Constitutional Court found Augustin Matata […]

Kenya Targets Lower Budget Deficit Amid Austerity Push and IMF Pressure

April 30, 2025 Steven Addamah 0

Kenya’s Government has announced on Tuesday 29 April plans to cap its fiscal deficit at 4.5% of GDP for the 2025/26 financial year, a modest […]

South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns

April 23, 2025 Steven Addamah 0

A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]

IMF Receives Formal Request for New Financing Programme from Kenya

March 17, 2025 Steven Addamah 0

The International Monetary Fund (IMF) has confirmed that it has received a formal request from Kenyan authorities for a new financing programme and will engage […]

Ghana Cancels COVID-Era Taxes, Raising Concerns Over Fiscal Sustainability Amid Ongoing Economic Crisis

March 12, 2025 Pawla Nibramich 0

Ghana’s new Government has announced the removal of several COVID-era taxes, which were introduced as part of an effort to secure financing from the International […]

Nigeria’s Inflation Rate Drops Following Major Statistical Overhaul

February 19, 2025 Steven Addamah 0

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 […]

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News

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Recent Posts
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
  • 15 Indian Firms Advance Investment Plans in Angola
  • Nigeria: NFF President Gusau Confirms Confidence in Super Eagles Coach Chelle Amid Transfer Rumours
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