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International monetary Fund

IMF reaches agreement with Guinea-Bissau for Extended Credit Facility program

November 22, 2022 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) announced today that it has reached agreement with the authorities of Guinea-Bissau to negotiate a 36-month program under the Extended […]

IMF admits optimistic picture for signing financial program with Guinea-Bissau in 2023

November 9, 2022 Geraldine Boechat 0

The International Monetary Fund on Tuesday admitted an “optimistic framework” for signing a financial program with Guinea-Bissau in January 2023, the Guinean Finance Ministry said […]

Mozambican government requests international funding for the country’s private sector

October 11, 2022 Steven Addamah 0

Mozambique’s Economy and Finance Minister, Max Tonela, on Monday in Washington called for support from the African Export and Import Bank (Afrixembank) for the country’s […]

International Monetary Fund in Bissau to analyze public remuneration scheme

September 15, 2022 Geraldine Boechat 0

A mission from the International Monetary Fund (IMF) arrived in Guinea Bissau to analyze, along with the authorities, the salary bill of the Public Administration […]

Mozambique: World Bank resumes direct support to the State Budget

August 29, 2022 Steven Addamah 0

World Bank to disburse $300 million in direct support to Mozambique’s State Budget, six years after international partners suspended the model due to hidden debts. […]

Suez Canal announces record profit of $7 billion

July 5, 2022 Steven Addamah 0

The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) in the 2021-2022 fiscal year, after repeatedly raising transit […]

IMF in Lusaka to bail out debt

June 16, 2022 Steven Addamah 0

The IMF’s financial support to Zambia to bail out a massive debt that has put the country into default is expected to be concluded in […]

IMF board approves $456 million program for Mozambique

May 11, 2022 Steven Addamah 0

The International Monetary Fund on Tuesday granted a $456 million (€432 million) loan to Mozambique, the first since it withdrew six years ago at the […]

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 […]

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  • South Africa Says It Will Not Rally Nations to Boycott 2026 G20 Summit in Miami
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