The International Monetary Fund (IMF) and the Democratic Republic of Congo (DRC) have reached a crucial agreement on the final review of a significant loan deal, marking a pivotal moment…
economic recovery
-
-
The South African rand rallied today following the release of stronger-than-expected Purchasing Managers’ Index (PMI) data, signaling a positive outlook for the nation’s economy. The currency’s gains were fueled by…
-
Ghana is accelerating efforts to restructure its ballooning external debt, a crucial step in the nation’s economic recovery program. Finance Minister Mohammed Amin Adam announced this development at a press…
-
Zambia reaches a crucial agreement to restructure $3 billion in international bonds, marking a significant milestone towards the country’s long-awaited financial recovery.
-
South Africa’s finance minister, Enoch Godongwana, has warned that the country’s budget deficit will be larger than expected due to lower tax revenues and higher spending pressures. In his medium-term…
-
Sub-Saharan African countries are facing a debt crisis that could jeopardize their public services, such as health and education, and hamper their economic recovery. The International Monetary Fund (IMF) has…