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