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…
Browsing: IMF
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),…
Due to increased borrowing and expenditure to counteract the COVID-19 pandemic on the economy, Uganda’s public debt is projected to hit 47.5 percent of the Gross…
Discussions are at an advance stage between Egypt and the International Monetary Fund on securing additional financial help, according to Egypt’s Planning Minister, Hala Saeed. Saeed…
The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the impact of the coronavirus crisis, reporting that the…
The International Monetary Fund’s executive board has approved Egypt’s request for $2.77 billion in emergency financing as it looks to help the Egyptian government meet urgent…