France pledges support for Ethiopia’s IMF-backed reforms
French President Emmanuel Macron has expressed strong support for Ethiopia’s efforts to restructure its debt.
France pledges support for Ethiopia’s IMF-backed reforms Read More »
IMF
Cameroon calls for urgent action to save Central Africa’s economy
The six nations sharing a common currency are struggling to recover from the COVID-19 pandemic and other global shocks, facing issues such as declining oil production, civil conflicts, and heavy debt burdens.
Cameroon calls for urgent action to save Central Africa’s economy Read More »
Egypt to privatize military firms for economic recovery
The move is aimed at attracting investment and boosting the country’s struggling economy.
Egypt to privatize military firms for economic recovery Read More »
Cameroon to cut fuel subsidies, raising prices
The move is in line with IMF recommendations but may negatively impact consumers.
Cameroon to cut fuel subsidies, raising prices Read More »
IMF, Ethiopia agree on second review of $3.4B programme
Ethiopia secured the programme in July after floating its birr currency, a key IMF recommendation
IMF, Ethiopia agree on second review of $3.4B programme Read More »
IMF resolution for Senegal delayed until June due to audit
The IMF is now scrutinizing the findings before deciding on the next steps for the program.
IMF resolution for Senegal delayed until June due to audit Read More »
Egypt seeks IMF support amidst global economic challenges
The IMF’s review of Egypt’s loan program will examine the country’s economic performance, fiscal sustainability, and efforts to reduce reliance on fossil fuels.
Egypt seeks IMF support amidst global economic challenges Read More »
Egypt’s NFA slump continues in August
Egypt’s net foreign assets decreased significantly in August, raising concerns about the country’s economic stability.
Egypt’s NFA slump continues in August Read More »
Nigeria aims for $1B in monthly remittances, eyes US diaspora bond
Nigeria’s foreign reserves have now surpassed $40 billion, and the cheaper naira could catalyze efforts to diversify away from oil
Nigeria aims for $1B in monthly remittances, eyes US diaspora bond Read More »
Sudan war threatens neighbors’ economic stability — IMF
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 »