Tag: IMF

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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...

IMF calls for rules on non-bank financial sector to prevent turmoil

The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect...

Ghana, bondholders’ advisers kick off debt talks under non-disclosure agreements – sources

Ghana's government and international bondholders are pushing forward with formal debt talks after advisors to both sides signed non-disclosure agreements, three sources with direct...

Ghana surprises analysts by raising lending rate to 29.5% despite slowing inflation

Ghana's central bank on Monday surprised analysts by raising its main interest rate to 29.5%, a sign the monetary committee does not yet see...

IMF says risks to financial stability have increased, calls for vigilance

International Monetary Fund chief Kristalina Georgieva said on Sunday that risks to financial stability have increased and called for continued vigilance although actions by...

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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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