Egypt rapidly reduces external debt by $14 billion
In a surprising development, Egypt has announced a rapid decline in its external debt, totaling $14 billion in just five months.
Egypt rapidly reduces external debt by $14 billion Read More »
Economic Recovery
Zambia gets IMF cash injection, securing support against drought
The IMF approved a $569.6 million disbursement for Zambia and increased its aid package to $1.7 billion to help the country combat a severe drought.
Zambia gets IMF cash injection, securing support against drought Read More »
Tanzania: IMF approves $786 million for climate action
Tanzania secures critical funding from the IMF to tackle climate change and bolster its economic recovery.
Tanzania: IMF approves $786 million for climate action Read More »
Tunisia to receive €450 million from EIB
Facing economic hardship, Tunisia receives a €450 million boost from the European Investment Bank.
Tunisia to receive €450 million from EIB Read More »
Ghana inches closer to IMF bailout with draft debt agreement
Ghana is closer to resolving its debt crisis as it reviews a draft agreement with creditors for restructuring $5.4 billion.
Ghana inches closer to IMF bailout with draft debt agreement Read More »
Nigeria eyes World Bank support for economic turnaround
Nigeria’s leaders engage in crucial discussions with World Bank executives, addressing economic challenges and seeking vital support.
Nigeria eyes World Bank support for economic turnaround Read More »