IMF, World Bank raise funds to support poor countries
The International Monetary Fund (IMF) says it is collaborating with the World Bank to increase capacity to support low-income countries. […]
IMF
G-24 tasks IMF on multilateral system reform to address global challenges
The Intergovernmental Group of 24 Countries (G-24), has tasked the International Monetary Fund (IMF) to initiate reforms to address economic
World Bank commits to empowering women, youths in Nigeria, others
The World Bank, on Wednesday, expressed its vision to channel its intervention “Global South” countries to economic inclusion of women
Economic growth in Sub-Saharan Africa to drop by 3.3% in 2023- IMF
Amid global slowdown and political instability, growth in Sub-Saharan Africa (SSA) is expected to fall to 3.3 per cent this
Commission, Africa50 partner on regional infrastructure development
Africa50, the pan-African infrastructure investment platform, and the Commission of West African Economic and Monetary Union (WAEMU), have agreed to
Mo Abudu showcases “Africa creates” in Marrakech, harps on youth empowerment
Nigerian media personality, Mo Abudu, on Tuesday introduced her “Africa Creates” initiative at the 2023 World Bank/International Monetary Fund (IMF)
World Bank, IMF meet in Morocco weeks after earthquake
One month after the devastating earthquake in Morocco, the International Monetary Fund (IMF) and World Bank on Monday went ahead
Excitement as World Bank/IMF hold meetings in Marrakech
Stakeholders from across the globe have converged on Marrakesh for the 2023 World Bank/International Monetary Fund (IMF) annual meetings. The
IMF board approves $271m loan facility for Burundi
The International Monetary Fund’s executive board on Tuesday, approved a 271 million dollars Extended Credit Facility for Burundi, with an
Zambia debt restructuring to save $7.7bn by 2026, IMF says
International Monetary Fund (IMF) on Friday said Zambia’s long-delayed external debt restructuring will save the southern African country 7.65 billion
IMF says Ghanaian economy shows signs of stability
A staff team of the International Monetary Fund (IMF) has said that Ghana’s economy has started showing signs of stability
IMF approves $3bn loan for Ghana
The International Monetary Fund (IMF) executive board has approved a three billion U.S. dollar Extended Credit Facility for Ghana to
IMF, Niger Republic reach agreement on $133m financing
International Monetary Fund (IMF) on Tuesday said it has reached an agreement with Niger Republic’s government on new financing of
What gains for Africa from Bretton Woods Institutions’ 2023 Spring Meetings?
The World Bank Group (WBG) and the International Monetary Fund (IMF) between April 10 and April 16 converged on Washington
Economic growth in Sub-Saharan Africa to drop to 3.6%- IMF
Amid a global slowdown, growth in Sub-Saharan Africa (SSA) is expected to reduce to 3.6 per cent before rebounding to
IMF predicts 3% fall in Nigeria’s economic growth
By Mbafan Ade (BUSINESS CORRESPONDENT) – Nigeria’s economic growth is projected to fall from 3.2% in 2023 to 3.0% in
IMF appoints financial supervision adviser for Bank of Ghana
The Bank of Ghana says the International Monetary Fund (IMF) has appointed a Swiss-funded financial supervision adviser to provide it
Economic growth remains moderate at 3.8% in Sub-Saharan Africa – IMF
The International Monetary Fund (IMF) says economic growth in Sub-Saharan Africa (SSA) is projected to remain moderate at 3.8 per
Economic growth to decline to 3.6% in Sub-Saharan Africa in 2022- IMF
The International Monetary Fund (IMF), says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.6 per cent
Climate deal: Nigeria to reap billions of dollars in debt relief — Osinbajo
Vice President Yemi Osinbajo says the Federal Government will be reaping billions of dollars in debt relief from some creditors
Ghana vows to solve debt crisis without recourse to IMF
Ghana has expressed its commitment to managing its debt without assistance from the International Monetary Fund (IMF). Finance Minister, Ken
COVID-19 : IMF lauds Nigerian govt’s management of pandemic
International Monetary Fund (IMF) has lauded the Nigerian government’s proactive management of the COVID-19 pandemic and its economic impacts. The
Uzodimma politics of development
By Nkechi Obiagor – Imo State government has begun the implementation of the 2022 budget of N381.4 billion. It is
Senegal’s economy to rebound to 5% growth in 2021, says IMF
By Jacob Kubeka – Senegal’s economy is set to expand by 5% in 2021, as a result of industrial output,
Namibia to increase fuel prices in December
Namibia is set to increase fuel prices by 70 Namibia cents (0.04 U.S. dollar) per liter from Dec. 1 due
Int’l organizations, vaccine manufacturers team up to deliver COVID-19 Vaccine
By Grace Audu (HEALTH CORRESPONDENT) – Heads of the International Monetary Fund (IMF), World Bank Group, World Health Organization (WHO)
DRC agrees to IMF deal but players worry over looming purge of sector
Democratic Republic of Congo’s decision this week to launch a programme meant to clean the lucrative mining sector is causing
IMF approves largest SDR allocation in history to combat COVID-19 crisis
International Monetary Fund (IMF) has approved a new general allocation of Special Drawing Rights (SDR) which is equivalent to $650
France pledges to lend Sudan $1.5bn to pay off IMF debt
The French government has said it will lend Sudan $1.5bn (£1.06bn) to help the country pay off its arrears to
Nigeria needs to regulate cryptocurrencies, not ban them – VP Osinbanjo
The Central Bank of Nigeria (CBN) and securities regulator need to find ways to regulate cryptocurrencies rather than prohibiting their