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Sweden cuts African development funds, Norway boosts humanitarian support
Sweden and Norway have taken sharply different paths on aid to Africa, with Stockholm cutting aid while Oslo increases allocations for humanitarian support. On Dec. 8, Sweden announced it will phase out bilateral development assistance to five countries, including four in Africa: Zimbabwe, Tanzania, Mozambique and Liberia. The goal was to free up about 10 […]
IMF Mission Set for Early December to Review Egypt’s Economic Programmes
An International Monetary Fund (IMF) mission is scheduled to arrive in Cairo in early December 2025 to conduct the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) and the first review under the $1.3 billion Resilience and Sustainability Facility (RSF), according to Julie Kozack, Head of the IMF’s Communications Department. Speaking […]
G20 Finance Talks in Durban Target Global Financial Reform
G20 member States, under the leadership of South Africa’s 2025 presidency, are convening in Durban with the hope of reaching a consensus on urgent global financial reforms. The finance and Central bank deputies gathered on Monday and Tuesday to address pressing issues such as debt relief, development financing, and the restructuring of multilateral financial institutions. […]



