Tag: IMF

African leaders slam West’s no-show at climate adaptation summit

September 7, 2022

Several African leaders have slammed wealthy countries responsible for most CO2 emissions for their absence at the Africa Adaptation Summit that was held in Rotterdam ... Read More

IMF approves $1.3bn loan for debt-stressed Zambia

September 5, 2022

Zambia, the first African country to default on its debt in the COVID-19 era, has won International Monetary Fund board approval for a $1.3bn support ... Read More

State of Angola’s economy taking centre stage in the polls

August 24, 2022

After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most ... Read More

IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase

August 23, 2022

The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses ... Read More

IMF reforms and funding in Africa: focus on Ghana, Zambia, Kenya and Tanzania

August 11, 2022

Many, if not most, African economies have endured a torrid time over recent years, as their finances have been hard hit by two global crises ... Read More

Egypt rejects reports about seeking $15b loan from IMF

August 3, 2022

Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore ... Read More

Inflation could “inflame social tensions”, warns IMF

July 14, 2022

The global economic outlook is "darkening", the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the ... Read More

Morocco spearheads collective efforts in favor of Africa’s financial resilience to global crises

July 7, 2022

Morocco has hosted within four weeks three key events to leverage resources and spur joint action in favor of Africa’s financial resilience in the face ... Read More

Tunisia: Talks with IMF for new financing program start Monday

July 4, 2022

Tunisia is starting this Monday formal talks with the International Monetary Fund (IMF) for a credit line to be used to prop up the sluggish ... Read More

Morocco, IMF negotiate new liquidity line

June 25, 2022

Morocco and the IMF are in the early stages of negotiating a flexible liquidity line as a precaution against external shocks, including imported inflation. The ... Read More