The IMF has expressed concerns about the economic impact of the Sudan conflict on neighboring countries, highlighting the potential for increased poverty, food insecurity, and social unrest.
Sudan war threatens neighbors’ economic stability — IMF Read More »
IMF urges Sub-Saharan African countries to diversify their economies and implement reforms to overcome sluggish growth and address the impact of global economic shifts.
Sub-Saharan Africa’s growth stunted by commodity dependence Read More »
The pipeline is crucial for the country’s economy, accounting for 90% of its foreign exchange earnings.
South Sudan to resume oil exports to Sudan after repairs Read More »
Mozambique’s dollar bond experienced a decline for the third consecutive day on Wednesday. Tradeweb data revealed the bond’s price fell as concerns about public unrest persisted. The country’s only eurobond, maturing in 2031, dropped 0.54 cents to 84.92 on the dollar. This decline represents a loss of over two cents since Friday. Full results from
Violence and disputed results weigh on Mozambique’s bonds Read More »
Despite optimism surrounding Saudi Crown Prince Mohammed bin Salman’s visit to Egypt.
Egypt eurobonds drop on delayed Saudi investment Read More »
Mali will repay 200 billion CFA francs ($332 million) of its internal debt to alleviate its economic burden, as announced by the economy minister.
Mali’s economy minister announces debt repayment Read More »
The Egyptian government has implemented another fuel price hike, which is expected to have a significant impact on the cost of goods and services.
Another fuel price hike in Egypt: Impact on living costs Read More »
Lesetja Kganyago, the governor of South Africa’s central bank, advocates for reducing the inflation target.
Central bank chief calls for lower South Africa inflation target Read More »
The IMF has approved reforms that will significantly reduce borrowing costs for its members, providing much-needed relief to struggling economies.
IMF eases debt for 8 countries, cuts borrowing costs Read More »
Ghana’s government has intensified its efforts to combat illegal mining, known as “galamsey,” which poses a serious threat to the country’s environment.
Protests force Ghana to address illegal mining crisis Read More »
