Tag: International Monetary Fund (IMF)

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Ghana extends domestic debt exchange deadline for third time

Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan. 31, Finance Minister Ken Ofori-Atta said on...

IMF chief heading to Zambia, says new debt ’roundtable’ to meet in February

A new global sovereign debt "roundtable" that will include China, other creditors and some borrowing countries will meet for the first time next month...

Ghana expects $3 billion IMF loan approval early in 2023

The International Monetary Fund (IMF) is poised to lend Ghana $3 billion as the African nation grapples with its worst economic crisis in a...

IMF and Ghana expected to reach staff-level agreement by Tuesday, say sources

The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the latest, said...

IMF chief sees higher chance of global growth below 2% in 2023

 International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday the chance of global growth falling below 2% next year was increasing due...

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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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