Zambia has suffered a significant setback in its attempts to restructure its debt as it announced on Monday that official creditors, including China, refused a revised...
The International Monetary Fund (IMF) is “seriously considering” a possible augmentation of Egypt’s $3 billion loan programme. The IMF Managing Director, Kristalina Georgieva told journalists on...
A fresh loan of about $178 million has been approved by the executive board of the International Monetary Fund (IMF) for Malawi, with an immediate disbursement...
The International Monetary Fund (IMF) has confirmed that it has reached a staff-level agreement with Kenya, unlocking immediate access to a $682.3 million credit tranche. The...
Following a debt restructuring agreement reached between Zambia and an international bondholder group, the country’s finance ministry has revealed that there are concerns as official creditors and...
Multilateral body, the International Monetary Fund (IMF) has warned that China’s declining growth might affect Nigeria’s economic fortunes. The IMF stated that Nigeria’s growth could be...
A preliminary agreement between the International Monetary Fund (IMF) and Somalia has cleared the way for releasing $100 million in funding as part of a new...
The International Monetary Fund (IMF) has reached a staff-level agreement with Senegal for the country to receive a disbursement of 126 billion CFA francs ($203 million)....
Over the past week, there were many important stories from around the African continent, and we served you some of the most topical ones. Here is...
Zambia’s finance ministry Saturday said the country had agreed to a memorandum of understanding (MoU) with its bilateral creditors on restructuring about $6.3 billion of debt....