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
Read more
International Monetary Fund
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
Read more
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
Read more
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
Read more
A year of war in Ethiopia batters investors and citizens
MAGGIE FICK and DUNCAN MIRIRI WHEN Prime Minister Abiy Ahmed took office in 2018, Ethiopia was one of the world’s
Read more
Senegal’s economy to rebound to 5% growth in 2021, says IMF
Senegal’s economy will grow 5% in 2021 thanks in part to solid industrial output, the International Monetary Fund said on
Read more
Nigerian economy likely to grow by 2.6% in “subdued” recovery, IMF say
Nigeria’s economy is likely to grow by 2.6% this year in a “subdued” recovery from last year’s recession, the International
Read more
IMF says Zimbabwe debt unsustainable, lending would require restructuring
THE International Monetary Fund on Tuesday said it was precluded from providing financial support to Zimbabwe due to its “unsustainable
Read more
Will “green” metals become Africa’s new oil?
CLEAN energy technologies are seen supercharging demand for four industrial metals – copper, nickel, cobalt and lithium, as countries across the globe step up their climate change mitigation ambitions. The value of these metals is projected to rival that of oil in the next 20 years – and Africa stands to reap the benefit.
Read more
Powerful Tunisian union rejects cutting subsidies
TAREK AMARA TUNISIA’S powerful UGTT union has rejected any plans to cut subsidies, a stance against reform that will complicate
Read more
