Business

IMF urges Algeria to ‘recalibrate’ economy

Algiers – International Monetary Fund experts urged Algeria on Monday to “recalibrate” its oil and gas-dependent economy and implement structural... Read more

5 Oct, 2021

Business

Debt crisis: Zambia says IMF bailout talks making ‘progress’

Lusaka – Zambia’s president Hakainde Hichilema said on Thursday he has made progress in talks with the International Monetary Fund... Read more

1 Oct, 2021

Business

IMF gives Tanzania $567 million in Covid economic support

Nairobi – The International Monetary Fund (IMF) has loaned Tanzania more than half a billion dollars in emergency financing as... Read more

8 Sep, 2021

Business

Sudan receives $857 million in IMF aid

Khartoum – Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund... Read more

27 Aug, 2021

Business

IMF extends $334m in aid to South Sudan – central bank

Juba – The IMF has loaned $334 million to South Sudan, the country’s central bank governor said on Tuesday, as... Read more

25 Aug, 2021

Business

IMF injects US$1 billion into Zimbabwe’s fiscus

Cape Town – The International Monetary Fund (IMF) has injected US$1 billion into Zimbabwe’s fiscus. According to the state-owned... Read more

24 Aug, 2021

Business

DRC unveils three-year IMF credit worth $1.5bn

Kinshasa – The Democratic Republic of Congo has agreed with the IMF on $1.5 billion in credits in exchange for... Read more

16 Jul, 2021

Business

Zimbabwe’s economy to grow by 6% this year, IMF says

Zimbabwe’s economy is set to grow by 6% this year, nearly double its previous estimate, the International Monetary Fund... Read more

19 Jun, 2021

Business

High Nigeria food costs push 7 million into poverty: World Bank

High inflation driven by soaring food prices has pushed seven million Nigerians into poverty, the World Bank said. In... Read more

16 Jun, 2021

Business

Covid, conflict and debt hinder Ethiopia’s economic reforms

Shortly after taking office, Prime Minister Abiy Ahmed promised a spectacular overhaul of Ethiopia’s tightly-controlled economy: reforms to spur... Read more

16 Jun, 2021