Tag: IMF
EU, France pledge €50m investment in DRC’s infrastructure, mining sector
The European Union has launched an initial mobilization of €50m in Democratic Republic of Congo’s (DRC) critical minerals sector and infrastructure projects on the sidelines ... Read More
IMF intends to offer Morocco $5 bln credit line
The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. ... Read More
IMF commends Morocco for mitigating economic impact of external shocks
The IMF highlighted on Jan 24 the “very strong policy response” that Morocco took to mitigate the social and economic impact of the recent negative ... Read More
Egypt: Approval of IMF recommendation for bigger role of private sector
Egypt's President Abdel Fattah al-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from and turn over to the private ... Read More
Morocco: IMF highlights Central Bank’s transparency practices
A mission led by a multidisciplinary team from the International Monetary Fund (IMF) highlighted Bank Al-Maghrib's (BAM) transparency practices. This mission focused on examining the ... Read More
Malawi granted IMF food-shock funding to mitigate impact of global food shortage
The International Monetary Fund (IMF) has approved financing to cope with rising global food prices for Malawi, the first low-income nation to receive financing from ... Read More
EU to grant Tunisia €100m to weather pandemic-related impacts
The European Union, EU, is set to grant Tunisia €100 million earmarked to help the North African country surf the impacts of the pandemic and ... Read More
AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox
This year's African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of ... Read More
Protesters in Ghana demand president Akufo-Addo ‘must go’ as inflation worsens
Hundreds of Ghanaians took to the streets of the capital Accra on Saturday (5 November) demanding the resignation of President Nana Akufo-Addo whom they blame ... Read More
IMF revises upwards Morocco’s growth forecast to 1.25% in 2022 and 3% in 2023
The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances ... Read More