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International monetary Fund

Ghana Government Could Reclaim $21.19 Billion from Stolen State Assets, Says President’s Anti-Corruption Committee

February 12, 2025 Khalid Al Mouahidi 0

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

December 16, 2024 Geraldine Boechat 0

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

December 9, 2024 Steven Addamah 0

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

November 28, 2024 Steven Addamah 0

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

November 27, 2024 Geraldine Boechat 0

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

October 23, 2024 Steven Addamah 0

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

October 21, 2024 Steven Addamah 0

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 […]

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Ghana agrees to restructure $5.4 billion in debt with new MoU

May 30, 2024 Steven Addamah 0

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 […]

Ghana Unable to Secure Debt Agreement with Global Bondholders

April 17, 2024 Steven Addamah 0

Ghana’s attempts to restructure its $13 billion international bond debt have hit a snag, according to government sources on Monday, dealing a setback to its […]

Somalia Achieves 99% Debt Cancellation from Paris Club Creditors

March 14, 2024 Steven Addamah 0

Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]

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News

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  • Nigeria’s Defence Minister Resigns Amid Escalating Kidnapping Crisis

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  • South Africa Says It Will Not Rally Nations to Boycott 2026 G20 Summit in Miami
  • AfDB Approves Additional Debt Relief to Bolster Somalia’s Economic Recovery
  • US Brokered “Washington Accord” Sees DRC and Rwanda Commit to Ceasefire and Mineral Access
  • Malawi Approves Twice-Yearly Injectable HIV Drug in Major Step Toward Reducing New Infections
  • IMF Launches Internal Probe into Senegal’s “Hidden Debt” Case to Strengthen Data Integrity Controls
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