Sub-Saharan Africa gripped by worst-ever debt crisis
Zambia’s debt deal offers a glimpse into Africa’s struggle for financial freedom, but challenges remain.
Sub-Saharan Africa gripped by worst-ever debt crisis Read More »
IMF
IMF approves $941 million loan for Kenya
As of the latest Treasury data released this month, Kenya’s public debt has surged to 10.585 trillion shillings ($65.5 billion)
IMF approves $941 million loan for Kenya Read More »
Ghana inches closer to rescue loan disbursement amid IMF review
Ghana’s debt restructuring paves way for potential IMF loan approval this Friday, unlocking crucial financial support.
Ghana inches closer to rescue loan disbursement amid IMF review Read More »
Ghana’s $5.4B debt relief deal nears completion
Ghana is nearing a deal with official creditors on restructuring $5.4 billion of debt, aiming to finalize the terms by Friday and unlock a vital $600 million IMF loan tranche to tackle its economic crisis.
Ghana’s $5.4B debt relief deal nears completion Read More »
IMF greenlights $60.7 million disbursement to Mozambique
According to the IMF, Mozambique’s program performance has been satisfactory
IMF greenlights $60.7 million disbursement to Mozambique Read More »
Ghana meets for $5.4 billion restructuring
IMF approval for Ghana’s bailout hinges on reaching agreement with creditors.
Ghana meets for $5.4 billion restructuring Read More »
Rising fuel costs loom as Cameroon addresses subsidy burden
Cameroon’s fuel subsidy dilemma highlights challenges of balancing economic priorities.
Rising fuel costs loom as Cameroon addresses subsidy burden Read More »
Zambia gets $187M IMF loan as bond restructuring stumbles
IMF backs Zambia but warns delay in revamped debt deal hampers economic rebound.
Zambia gets $187M IMF loan as bond restructuring stumbles Read More »
IMF, IDA approve a $4.5 billion debt relief for Somalia
‘This is a testament to Somalia’s unwavering commitment to economic reforms,’ says IMF managing director
IMF, IDA approve a $4.5 billion debt relief for Somalia Read More »
EU, IMF, Zambia call for more inclusive carbon pricing
Carbon pricing is only way to meet climate targets, IMF head says at sideline event during UN climate change summit
EU, IMF, Zambia call for more inclusive carbon pricing Read More »