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Niger misses debt payment, default up to almost $520 million
Niger last week missed a debt payment of 13.4 billion CFA francs ($22 million), the West African debt management agency said on Monday, bringing...
Africa’s economic growth fell to 3.2% in 2023, says AfDB
Africa's economic growth fell to 3.2% last year from 4.1% in 2022, the African Development Bank said on Friday, but it projected higher growth...
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...
Oil demand growth slowing as non-OPEC supply expands, says IEA
Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it trimmed its 2024 growth forecast, in sharp...
IMF says Zimbabwe should speed up currency reforms
The International Monetary Fund (IMF) on Wednesday encouraged Zimbabwe to speed up currency reforms at the end of a staff visit, saying authorities should...
