Zambia receives a $208 million grant from the World Bank to combat a devastating drought threatening food security for millions. The grant will provide emergency cash assistance and strengthen social safety nets.
IMF
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Kenyans erupt in protests against proposed tax hikes, clashing with police. One person killed, hundreds injured. Government makes partial concessions, but unrest continues.
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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…
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IMF’s agreement unlocks $574 million for Ivory Coast’s economic development.
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Egypt’s central bank shocked the nation on Wednesday by letting the pound float freely in the market, slashing its value by more than a third against the dollar. The move…
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Egypt is close to reaching an agreement with the International Monetary Fund (IMF) to support its economic recovery and structural reforms, the IMF said on Monday.The IMF and Egyptian authorities…
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Kenya is planning to sell a seven-year Eurobond at a yield of around 11%, which is higher than any other issue on the continent so far this year, according to…
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Egypt’s central bank unexpectedly raised its key interest rate by 200 basis points on Thursday, signaling that a long-awaited currency devaluation and a new deal with the International Monetary Fund…
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Gabon, a small oil-rich country in Central Africa, is facing a critical moment in its history as a team from the International Monetary Fund (IMF) is expected to visit the…
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Ghana has reached a landmark agreement with its official creditors to restructure its debts and ease its financial burden. The deal, which was announced on Wednesday, is a key step…