Tag: IMF

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Ghana overseas debt restructuring seen delayed not scuppered by new finance minister

 International investors greeted the removal of Ghana's finance minister with caution on Wednesday, as they braced for the prospect of more delays to the restructuring of...

IMF releases $187 million Zambia payout, says restructuring proposal being revised

The International Monetary Fund's board on Wednesday approved an immediate $187 million loan payout to Zambia and said the country was revising a restructuring...

IMF staff agree second review of Zambia facility, unlocking $184 mln

The International Monetary Fund has reached a staff-level agreement with Zambia on the second review of its Extended Credit Facility, unlocking another $184 million...

IMF board approves $178 million loan to Malawi

The International Monetary Fund's executive board has approved a loan of about $178 million for Malawi, with an immediate disbursement of about $35 million,...

Zambia official creditors, IMF voice ‘reservations’ on bondholder deal

Zambia's official creditors and the International Monetary Fund have "expressed reservations" about a debt restructuring deal the government has reached in principle with an international...

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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...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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