Is Africa’s Natural Resources Being Wasted?
03/02/2025Africa is a land of immense natural wealth, boasting over 30% of the world’s mineral reserves, 8% of its natural gas, and 12% of its oil reserves. It is home.
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Most Recent News
Africa
Highlights
Trade and Investment
How Africa is Transforming Global Trade Agreements
29/01/2025Economic alliances and global trade agreements are shaping the future of markets, and Africa is no longer content with being on the periphery. With bold initiatives such as the African.
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Africa
Africa Development
Business & Economy
Economy
Highlights
Sustainability
The link between Egypt’s Economic Surge and IMF’s Support
04/04/2024Egypt’s recent economic trajectory has been one of remarkable transformation. After a period of stagnation and vulnerability, the country has witnessed a surge in growth, bolstered by a strategic partnership.
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Economy
Recent Stories
Saudi Arabia Extends Terms Of $5 Billion In Aid To Egypt
30/11/2022Saudi 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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Economy
Recent Stories
IMF, South Sudan Reaches Staff-Level Agreement For Emergency Funds Of $112.7 Mln
23/11/2022The 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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Economy
Recent Stories
IMF Board Okays $88.3 Mln For Malawi Under ‘Food Shock’ Loan Window
22/11/2022The 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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Economy
Recent Stories
Tunisia, France Sign $206m Deal For Budget Support
21/11/2022Tunisia 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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Economy
Recent Stories
IMF Calls For Climate-Smart Investment In Africa
09/11/2022The 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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Economy
Recent Stories
Mozambique: IMF Commends Government Efforts on Economic Recovery
04/11/2022The 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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Economy
Recent Stories
President Akufo-Addo Reaffirms Decision to Partner with IMF
01/11/2022The Ghanaian President, Nana Akufo-Addo has explained to the citizens of his country his government’s decision to seek a U.S. $3 billion bailout from the International Monetary Fund, IMF. He.
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