Most Recent News

Zambia plans to cancel over $2 billion projects to rein in debt

Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said. In 2020,.

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African Caucus wraps up meeting with adoption of Marrakesh Declaration

The 2022 meeting of the African Consultative Group of Finance Ministers & Central Bank Governors of the 54 African Member States of the World Bank and the IMF wrapped up.

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IMF, Ghana to Discuss Possible $3bn Loan to Support Economy

The IMF will send a team to Ghana this week to begin discussions about a possible $3 billion bailout loan, the fund announced Tuesday. The visit, which will run between.

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President Weah Launches Over US$13 Million Fund Drive Towards “Zogos” Rehabilitation

The President of the Republic, H.E. Dr. George Manneh Weah, will today, Thursday, June 30, 2022, launch a National Fund Drive for the rehabilitation and empowerment of the Country’s “At.

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National Strike Looms in Tunisia as UGTT Rubuffs President Saied

After refusing to participate in a limited dialogue proposed by the president as he rewrites the constitution, Tunisia‘s powerful labour union announced on Monday that it would hold a national.

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C.A.R to Launch Bitcoin Investment Platform Called ‘Sango’

The Central African Republic’s presidency announced the establishment of the continent’s first legal Bitcoin Investment Platform called ‘Sango’, extending the impoverished country’s embrace of digital finance despite warnings from the.

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IMF and Niger reach staff-level agreement on $53 million loan

The International Monetary Fund (IMF), and Niger have reached a staff-level agreement on a first programme review that will allow for disbursement of about $53 million if approved in June,.

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Tunisia Raises Domestic Electricity and Gas Prices

Tunisia has raised the prices of domestic electricity and gas, a government official has said, in the latest in a series of price hikes in a country whose public finances.

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Ghana will solve debt crisis without IMF help, Finance Minister says

Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country.

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Tanzania to ease pump pain with $43m fuel subsidy

Next month, Tanzania will spare motorists and households high pump price increases after the government announced a Tsh100 billion ($43 million) fuel subsidy. Speaking in Parliament, Energy minister January Makamba.

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