Tag: IMF

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IMF reaches staff level agreement with Ivory Coast for $1.3 billion resilience, sustainability facility

The International Monetary Fund said on Friday that it had reached a staff level agreement with Ivory Coast for a $1.3 billion programme to...

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,...

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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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