Representing Africa Worldwide

IMF

1 min read

Egypt to Receive First Tranche of Expanded IMF Loan Next Week The IMF agreed to widen the agreement after Egypt's economy was further hurt by the Gaza crisis.

2 months ago Shahid Siddiqui

CAIRO- Egypt will receive the first tranche of an expanded loan agreement with the International Monetary Fund (IMF) next week,...

1 min read

IMF Reaches Staff Level Agreement With Ivory Coast for $1.3 billion Resilience, Sustainability Facility

3 months ago Shahid Siddiqui

DAKAR- The International Monetary Fund said on Friday that it had reached a staff level agreement with Ivory Coast for...

2 min read

IMF Says Zimbabwe Should Speed Up Currency Reforms Zimbabwe has not been able to secure financing from the likes of the IMF for more than two decades due to arrears in servicing its debt to lenders including the World Bank, the African Development Bank and European Investment Bank.

3 months ago Shahid Siddiqui

HARARE: The International Monetary Fund (IMF) on Wednesday encouraged Zimbabwe to speed up currency reforms at the end of a...

2 min read

‘$80 billion’ in Financing, Allocations Since 2020, Says IMF The Africa: Special Issue released by the International Monetary Fund on Tuesday (Oct. 10), alerted that "debt vulnerabilities remain elevated", and "medium-term growth rates [were] too low." Abebe Aemro Selassie, director of the IMF's Africa Department, shared his concern on debt cancellation discussions.

7 months ago Shahid Siddiqui

Marrakech (Morocco) : During a press conference on the occasion of the IMF's annual meetings with the World Bank in...

2 min read

Ghana, IMF agree second loan payment of $600 mn The #IMF approves a second payment of $600m as part of a $3bn credit deal, signalling progress in the country's efforts to stabilise its finances.

8 months ago Shahid Siddiqui

Ghana has reached agreement with the International Monetary Fund on the terms for a second payment of $600 million out...

2 min read

Iran Prez Dies In Helicopter Crash, Vice President Takes Over, India, Syria & Lebanon Declares State Mourning

10 hours ago Shahid Siddiqui

15 min read

Bahrain King Proposes Initiatives for Stability and Development of Region at Arab Summit

4 days ago Shahid Siddiqui

3 min read

Arab Summit: Gaza Ceasefire Prioritized, Sudan Crisis Also on Agenda

6 days ago Shahid Siddiqui

3 min read

Just Before Arab Summit, UN Forum in Bahrain Focuses Innovation and Economic Growth

6 days ago Shahid Siddiqui

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