The International Monetary Fund and Kenya have reached agreement on relieving the East African country of its financial troubles through a staff-level 3-year deal worth $2.4bn.…
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The International Monetary Fund (IMF) has confirmed its talks with Kenyan authorities to renew a 165 billion shilling (about $1.5bn) standby loan facility. The IMF Director…
Nigeria’s bilateral and multilateral debts stood at $31.98bn in September 2020, the Debt Management Office (DMO) showed in its latest report. According to the figures, the…
The President of Zambia, Edgar Lungu, on Tuesday held funding talks for the country with a top official from the International Monetary Fund (IMF). News Central…
The latest data by the United Nations Economic Commission for Africa (UNECA) shows that on average over 10 percent of export revenues and primary income in the region is spent on debt repayments.
On Business Edge today, News Central’s Joe Hanson and Global Tax Advisor, Mtwalo Msoni talked about Zimbabwe Beginning to Re-claim Underutilized Farms and how Kenya Seeks…
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…
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…