IMF

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 …

Zambia, one of Africa’s largest copper producers, has received a $187 million loan from the International Monetary Fund (IMF) to support its economic recovery and debt sustainability. The loan is …

Egypt has raised $800 million from selling a stake in seven of its most iconic hotels to a local real estate developer, as part of a wider plan to privatize …

Somalia has achieved a landmark debt cancellation deal with international lenders, paving the way for the war-torn nation to access financial markets and attract investment after decades of economic stagnation. …

Egyptian President Abdel-Fattah El-Sisi has secured another term in office after a largely uncontested election, but his real challenge lies ahead: reviving the country’s troubled economy and restoring investor confidence. …

Kenya has received an additional $938 million from the International Monetary Fund (IMF) to support its economic recovery from the effects of the drought, inflation, and global financial shocks. The …

Kenya is strategizing to repurchase up to 25% of its $2 billion international bond expiring in 2024. This initiative comes in anticipation of acquiring new loans and is designed to …

The International Monetary Fund (IMF) has slashed Nigeria’s projected economic growth by 0.3%. As unveiled in the ‘2023 World Economic Outlook’ during the ongoing annual meetings in Marrakech, Morocco, the …

Africa is hosting the annual meetings of the International Monetary Fund and the World Bank for the first time in 50 years, amid rising tensions between the US and China …

According to a report by Oxfam International, some of the world’s poorest countries are facing a debt crisis that could force them to slash their budgets by more than $220 …