The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the first review of the Extended Credit Facility (ECF) arrangement for Somalia,enabling the immediate…
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The International Monetary Fund (IMF), says it loaned 83 countries the sum of $165 billion dollars, including $16.1 billion dollars in concessional financing to 49 low-income…
The mining sector already accounts for 60% of Zimbabwean exports, raking in around US$$1 billion a year, and represents half of the country’s foreign direct investment.
South Sudan has secured its first loan of $52.3 million from the International Monetary Fund (IMF) since joining the Fund in 2012 to address its urgent…
Mozambique is getting $116 million grants from the European Union (EU) to support its budget. This is the first time since 2016 that Europe will assist…
The International Monetary Fund (IMF), says economic activity in sub-Saharan Africa is projected to recover by 3.1 per cent in 2021 after declining by 3.0 per…
The International Committee of the Red Cross (ICRC) has seen an increase in malnutrition rates among children in nutrition centres it supports in Nigeria. The number…
The international Monetary Fund (IMF) says Africa needs $1.2 trillion over the next three years for Africa to recover from the economic losses it incurred due…
The International Monetary Fund has approved new emergency aid for 28 countries, 22 of which are African nations. Funds will enable these nations to either pay…
The Executive Board of the International Monetary Fund – IMF – has approved a disbursement of $101.96 million to Malawi under the Rapid Credit Facility (RCF),…