Most Recent World News

Somalia Reaches Agreement With IMF, Eyes Debt Forgiveness

International Monetary Fund, IMF staff on Monday reached a staff-level agreement with Somalia that will allow the release of about $10 million to the East African country, once approved by.

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Tanzania, Spain Reaffirm Commitment to Strengthen Ties

Minister for Natural Resources and Tourism Ambassador, Dr Pindi Chana said Tanzania is committed to continuing working with the government of the Kingdom of Spain in nurturing and strengthening bilateral.

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Zimbabwe talks with World Bank, IMF Over clearing IFI Debt

Zimbabwe is talking with the World Bank and International Monetary Fund on how to clear its debts with International Financial Institutions (IFI). The finance minister of Zimbabwe, Mthuli Ncube said.

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Stellantis, Algeria Sign Framework Deal Over Fiat vehicle production

Carmaker Stellantis said it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicles. The deal covers.

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Angola: Apex Bank Insists On Cutting Interest Rate

Angola’s Central Bank said it will keep cutting interest rates as long as inflation is kept low, forecasting that inflation will fall to 16% this year and 9-10% by the.

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Liberia: Kemayah Hails Ambassador Helal Over Bilateral Relations

Liberia’s Foreign Minister Amb. Dee-Maxwell Saah Kemayah, Sr., has commended the Egyptian Ambassador to Liberia, Ahmed EL-Sayed Helal for his enormous contributions that have strengthened the bilateral relations subsisting between.

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Africa: Commonwealth Ministers Seek Support Over Rising Inflation

Finance Ministers from Commonwealth member states said there was a need for policy support measures in order to tackle the cost-of-living crisis. They also pointed out the need to address.

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EU Hails Algeria Over Energy Strategic Partnership

European Union (EU) has hailed the Algeria government for its “long-term strategic partnership”, as the bloc turns to Africa’s biggest gas exporter to fill a gap left by Russian supplies..

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Kenya, Tanzania Plan to End Trade Barriers

The Kenyan President, William Ruto, and Tanzanian President, Samia Suluhu Hassan have agreed to work out a formula that will help in eradicating trade barriers between their countries. Ruto disclosed.

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Egypt Pushes For IMF Deal In Washington

Egypt is pushing to tie up a crucial financial package from the International Monetary Fund, IMF, at annual meetings in Washington this week. It also plans to stem a currency.

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