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International monetary Fund

IMF agrees $1 billion loan to cash-strapped Kenya

May 25, 2023 Steven Addamah 0

The International Monetary Fund (IMF) announced on Tuesday that it had reached an agreement for a $1 billion (927 billion euros) loan for Kenya, an […]

IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023

May 10, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]

IMF team finds talks with Mozambican authorities “constructive and fruitful

May 8, 2023 Steven Addamah 0

The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]

Angolan economy grows between 1% and 1.5% in 2023 penalized by oil performance

April 26, 2023 Geraldine Boechat 0

The Angolan economy is expected to grow between 1% and 1.5% in 2023, penalized by the performance of the oil sector, which is expected to […]

Cashew commercialization campaign in Guinea-Bissau has already started

April 4, 2023 Geraldine Boechat 0

The commercialization campaign for cashew nuts in Guinea-Bissau has already begun and the government has set the reference price for buying the cashew from the […]

São Tomé’s economy faces “serious challenges, says IMF

April 3, 2023 Steven Addamah 0

The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]

Russia expresses readiness to waive Guinea-Bissau debt

January 30, 2023 Steven Addamah 0

Russia has expressed its willingness to cancel Guinea-Bissau’s entire debt, according to a press release from Guinea-Bissau’s Finance Ministry Nicolau, Sal e Boa Vista. According […]

Ghana suspends payment of part of its foreign debt

December 20, 2022 Steven Addamah 0

Ghana announced on Monday the “temporary” suspension of payments on part of its external debt, including Eurobonds, as it seeks to restructure it after an […]

IMF says Sao Tome and Principe has “strong interest” in a new assistance program

December 19, 2022 Steven Addamah 0

The International Monetary Fund (IMF) said that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement to underpin […]

IMF says Sao Tome and Principe has “strong interest” in a new assistance program

December 16, 2022 Steven Addamah 0

The International Monetary Fund (IMF) said on Thursday that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement […]

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