Tag: COVID-19

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IMF chief sees global growth below 3% in 2023, says robust recovery remains ‘elusive’

The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain around 3% for the next five years,...

IMF: Zambia needs bilateral debt relief to secure next payout

 The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent upon its bilateral creditors reaching an...

Wave of new LNG export plants threatens to knock gas prices

A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear...

The two global consensuses that defined the development paradigm in Ghana are under threat

Bright Simons is honorary Vice President at IMANI Center for policy and education, a think tank dedicated to policy and research on rule of...

European demand to boost LNG competition over next two years -Shell

Europe’s increased need for liquefied natural gas (LNG) will boost competition with Asia for LNG over the next two years as supply remains limited,...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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