Sub-Saharan Africa Lags Further Behind Rest of World – IMF
Selassie added that many of the more diversified economies had already enjoyed some growth recovery since the pandemic.
Read moreSelassie added that many of the more diversified economies had already enjoyed some growth recovery since the pandemic.
Read moreAhead of global policymakers convening this week in Washington for the spring IMF/World Bank meetings, the IMF raised its global economic growth forecast by 0.1 percentage point from its outlook...
Read moreMushayavanhu’s first policy measure after taking over as governor was the introduction of the ZiG — short for Zimbabwe Gold — on April 5.
Read moreTotalEnergies and Shell in recent years have made discoveries estimated at 2.6 billion barrels, setting the stage for the southern African country to plan production from about 2030.
Read moreAfter losing 43% of its value against the dollar in the first two-and-a-half months of this year because of a devaluation, Africa’s largest oil producer’s currency has strengthened 34% since...
Read moreGhana’s Eurobonds plunged by the most since Dec. 2022, with notes due in 2035 falling as much as 3 cents to 47.55 cents on the dollar before paring the decline.
Read more“Last year, we were the only East African country that had zero debt after all our debts were forgiven by the World Bank and IMF. It gave us a fresh...
Read moreWar erupted in Sudan on April 15, 2023, between the Sudanese army and paramilitary Rapid Support Forces (RSF), devastating the country's infrastructure.
Read moreA series of opinion polls show the ANC will win less the 50% of the May 29 vote for the first time since it took power in the country’s first...
Read moreRegarding Accra's separate and ongoing talks with international bondholders, the IMF's Ghana mission chief Stephane Roudet said the IMF needed to continue to see progress.
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