Tag: International Monetary Fund (IMF)

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Zambia’s official creditors expected to sign debt relief MOU in May – sources

 Zambia's official creditors, which include China, are getting closer to signing a memorandum of understanding on debt relief to the country in May, in...

Factbox: The developing countries facing a debt crisis

The record number of developing nations at risk of a debt crisis will be high on the agenda next week when central bankers, finance...

West African countries struggle to raise funds from regional debt market

West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher...

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...

World Bank’s long-awaited reform plan would boost lending by US$5 billion a year

The World Bank on Thursday submitted a long-awaited reform plan that would boost annual lending to middle-income countries to fight climate change and other global crises...

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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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