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International monetary Fund

IMF approves new disbursement of 55.4 million euros in assistance program for Mozambique

January 9, 2024 Steven Addamah 0

The International Monetary Fund (IMF) has approved the third assessment of the assistance plan for Mozambique, allowing the “immediate disbursement” of a new tranche of […]

Ethiopia officially in debt default

December 29, 2023 Steven Addamah 0

The long-awaited news became official on Tuesday December 26: Ethiopia has defaulted on its debt. The country has defaulted on its last payment of $33 […]

IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique

November 18, 2023 Steven Addamah 0

The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]

Guinea-Bissau maintains growth trend close to 5%

November 13, 2023 Geraldine Boechat 0

Guinea-Bissau’s economy is expected to maintain a growth trend of around 5% this year and next, but will continue to depend on international donors to […]

Cape Verde takes over the presidency of the Forum of Small Island States

October 16, 2023 Geraldine Boechat 0

Cape Verde’s Finance minister revealed on Sunday, October 15, that Cape Verde has been elected president of the Forum of Small Island States for the […]

IMF releases another 8.1 million dollars to Guinea-Bissau

October 3, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) announced Monday October 2 that Guinea-Bissau will receive another tranche of 8.1 million dollars (7.7 million euros) after another positive […]

Mozambique: UBS Group reaches agreement on eve of trial

October 2, 2023 Geraldine Boechat 0

The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]

Angola and Mozambique are the Portuguese-speaking African countries with the riskiest debt

September 25, 2023 Steven Addamah 0

The director of the emerging markets department at Oxford Economics said Sunday that Angola and Mozambique are the Portuguese-speaking African countries most at risk of […]

IMF has a resident representative in Cape Verde for the first time

August 29, 2023 Steven Addamah 0

The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]

IMF should return to Angola to help with reforms and control the kwanza

August 25, 2023 Geraldine Boechat 0

The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]

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News

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Recent Posts
  • Nigeria considers crude supply reforms to support Dangote, other refiners
  • Guinea set to secure $425m IMF financing package
  • Ethiopia targets $13.4bn in export earnings for 2026/27
  • WHO warns DRC Ebola outbreak could surpass West Africa epidemic
  • Namibia keeps benchmark interest rate at 6.75% amid economic pressures
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