Most Recent News

Ghana’s Road to Recovery and Macroeconomic Stability

In 2022, Ghana faced economic challenges due to domestic imbalances and external shocks, resulting in currency depreciation, inflation, and declining investor confidence. The World Bank’s Economic Update reveals deepened fiscal.

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NIGERIA UNVEILS AFRICAN DEBIT CARD, (AfriGo), allay fears of international service providers

The Federal Republic of Nigeria has unveiled an African Central Bank – Led National Domestic Card Scheme, AfriGo, to address local financial needs. The governor of the nation’s central Bank,.

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Africa anticipate Better days ahead as Banks Predict stronger economic growth for the continent in 2023

The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 curbs one of the major contributory factors highlighted in.

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Saudi Arabia Extends Terms Of $5 Billion In Aid To Egypt

Saudi Arabia has agreed to extend the terms of a $5 billion aid package to Egypt that took effect in March, Saudi state-run media said on Tuesday. The move is.

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IMF, South Sudan Reaches Staff-Level Agreement For Emergency Funds Of $112.7 Mln

The International Monetary Fund, IMF, and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing. It is expected that this emergency financing.

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IMF Board Okays $88.3 Mln For Malawi Under ‘Food Shock’ Loan Window

The International Monetary Fund, IMF executive board on Monday approved an $88.3 million disbursement to Malawi under the new “food shock window” emergency lending facility launched in response to food.

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Tunisia, France Sign $206m Deal For Budget Support

Tunisia and France have signed a 200-million-euro (about $206.9 million) deal to support the North African country’s budget. The Tunisian Economy Minister, Samer Saied, and French Foreign Minister, Catherine Colonna.

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IMF Calls For Climate-Smart Investment In Africa

The International Monetary Fund, IMF’s managing director said on Tuesday that climate change can create “excellent opportunities” for the private sector in Africa, adding that investing in the low-carbon economy.

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IMF Hails Mozambican Government Efforts On Economic And Social Recovery

The International Monetary Fund (IMF) has praised the efforts of the Mozambican government in improving its citizen’s living standards and ensuring stability in economic and social development. The IMF’s resident.

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Mozambique: IMF Commends Government Efforts on Economic Recovery

The International Monetary Fund (IMF) has welcomed the efforts of the Mozambican government in improving the people’s living standard and stabilizing economic and social development indicators. IMF’s Resident Representative in.

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