COP27: The heat is on for fossil fuel firms amid renewed calls for polluters’ tax
THE UN is seeking global consensus on taxing fossil fuel companies’ windfall profits to fill Africa’s energy transition and adaptation kitty.
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International Monetary Fund
Debt-swap: African nations suggest a $685bn climate fix
AFRICAN states are hoping to turn debt into climate action as they seek innovative financing solutions that include a push to restructure their sovereign debts to support climate adaptation and conservation projects
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Ghana MPs suspend demand to oust finance minister until after IMF deal
A coalition of Ghana’s ruling party members of parliament have called off demands that finance minister Ken Ofori-Atta be removed
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Analysis: Poor nations face peril over elusive G-20 debt relief push
KARIN STROHECKER and ANDREA SHALAL A failure to secure meaningful progress on debt relief for the world’s poorest nations at
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Default ‘a real possibility’ for Ghana, Fitch senior director says
COOPER INVEEN and KARIN STROHECKER SOVEREIGN debt default is “a real possibility” for Ghana, and any kind of domestic debt
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Central African Republic to launch bitcoin investment platform
THE Central African Republic will launch the continent’s first legal cryptocurrency investment hub, the presidency said, extending the impoverished country’s
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IMF welcomes some positive changes in Zimbabwe, urges more
THE International Monetary Fund welcomed Zimbabwe’s steps towards economic recovery and engaging with its creditors, but said more needs to
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Ghana’s debt makes development impossible: here are some solutions
BY the year 2000, the government of Ghana had borrowed so much that the country was in debt distress. It
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IMF urges Nigeria to scrap fuel subsidies, target poor with support
NIGERIA should remove untargeted fuel subsidies and channel resources to the poor, the International Monetary Fund said, warning that the
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Zambia expects to agree debt restructuring with creditors by mid-2022
ZAMBIA expects to agree on a debt restructuring plan with its creditors around the middle of next year after reaching
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