The Executive Board of the International Monetary Fund (IMF) has completed the first review of the arrangement under the Extended Credit Facility (ECF) for Benin.
The IMF has warned that Zimbabwe's economic situation remains very difficult. The fund's mission chief for Zimbabwe Gene Leon told Reuters news agency that immediate action was crucial to reduce the deficit, accelerate structural reforms and re-engage with the international community.
The International Monetary Fund cut its South African economic growth forecast for this year on Tuesday, saying rising political uncertainty has dented consumer and business confidence.
An International Monetary Fund (IMF) mission led by Dan Ghura visited Abidjan from September 19 to October 3, 2017 to hold discussions on the second review of the three-year economic and financial program supported by the IMF through arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF).
The International Monetary Fund (IMF) has revised Botswana's 2017 and 2018 economic growth forecast due to rising diamond demand, investment in the water and power sector and reforms to attract investment.
Ghana will not extend its three-year aid programme with the International Monetary Fund beyond April 2018, President Nana Akufo-Addo said on Tuesday, despite continuing...
The Executive Board of the International Monetary Fund (IMF) today approved emergency financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to SDR11,662,500 (about US$16.1 million) for The Gambia to enable the authorities to meet their urgent balance of payment needs.
In addition, the Board was informed about the IMF Managing Director’s approval of a one-year staff-monitored program (SMP) to guide policy implementation.
Some of the world’s top policymakers and investors are currently in Berlin to discuss a new initiative that could help reshape Africa’s economic future.
Millions of citizens could see tangible economic benefits from the recently launched Group of Twenty advanced and emerging economies' initiative, known as the “Compact with Africa.” The goal is to boost private investment by harnessing the expertise and resources of governments, investors, and international organizations.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
