According to data released by the International Monetary Fund (IMF), Nigeria’s GDP per capita fell 4.74 per cent from $877.07 in 2024 to $835.49 in 2025.…
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The head of the International Monetary Fund (IMF), Kristalina Georgieva, will visit Ethiopia on February 8 and 9 as the country continues its extensive economic reforms.…
A Reuters poll revealed that Egypt’s economy is set to grow by 4% in the fiscal year ending June 2025, with expectations of further acceleration to…
Zambia has been named one of the top 10 African nations expected to record the highest economic growth in 2025, according to the latest report from…
Many African nations have developed a deep reliance on the International Monetary Fund (IMF) as they seek solutions to address gaps in their economies. However, when…
The African Development Bank (AfDB) has disclosed that illegal financial flows and profit shifting by multinational corporations operating in Africa cost the continent almost $1.6 billion…
The International Monetary Fund (IMF) has announced that it has reached a staff-level agreement with authorities in Egypt, unlocking access to approximately $1.2 billion in funding.…
The death toll from Cyclone Chido in Mozambique has risen to 94, according to the country’s disaster management agency, as reported by AFP on Sunday. The…
Nigeria has depended on foreign loans to fund infrastructure projects and close budget deficits, much like many other developing countries. Even though these loans can boost…
The communications director of the International Monetary Fund (IMF), Julie Kozack, has cautioned against Kenya’s attempt to obtain a Sh200 billion ($1.5 billion) loan from the…