Tag: IMF

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Some investors offering Ethiopia maturity extension on 2024 bond – sources

 An informal group of international bondholders has proposed to Ethiopia's government to extend the maturity of the country's $1 billion eurobond issue coming due...

China calls for ‘joint action’ in debt settlements at G20

China, the world's largest bilateral creditor, urged G20 nations on Friday to conduct a fair, objective and in-depth analysis of the causes of global...

African countries are charged ‘extortionate’ rates on debt, UN chief says

HEAVILY indebted African countries are getting a raw deal from the international financial system which charges them ‘extortionate’ interest rates, the UN Secretary-General Antonio...

Ghana inflation dips in January, first fall since May 2021

Ghana's consumer inflation slowed slightly to 53.6% year-on-year in January from a more than two-decade high of 54.1% in the previous month, data showed...

IMF appoints financial supervision adviser for Bank of Ghana

The International Monetary Fund (IMF) has appointed a Swiss-funded financial supervision adviser to provide technical support to the Bank of Ghana as the West...

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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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