For the first time in a decade, no African country has a sovereign risk premium in distress territory. The average additional ...

Construction on a stalled $20 billion gas project by TotalEnergies in Mozambique is edging closer to restarting, four years ...

Bissau, Liberia, Mauritania and Senegal were invited to a summit. Read more at straitstimes.com. Read more at ...

Cash-strapped Mozambique is considering approaching China, its largest bilateral creditor, to restructure $1.4 billion in ...

The International Monetary Fund (IMF) has ranked Nigeria as the 12th poorest country in the world based on Gross Domestic Product (GDP) per capita, according to 2025 figures released in a recent ...

Nigeria is the 12th poorest country by gross domestic product (GDP) per capita in 2025 in the world based on data from the ...

Nigeria is ranked 12th among the world's poorest nations in 2025, with a GDP per capita of $807, highlighting ongoing economic challenges despite its large economy.

Washington, DC: An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, visited Maputo from February 19 to March 4, 2025, to discuss policy implementation under the ECF arrangement.

An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, visited Maputo from February 19 to March 4, 2025, to discuss policy implementation under the ECF arrangement. Discussions ...

Mozambique was struggling to meet its IMF targets even before the vote. A penultimate review of the program due in September would have unlocked almost $60 million, but it never took place.

International Monetary Fund (IMF) Staff Completes Visit to MozambiqueIMF staff and the Mozambican authorities have discussed performance and policies underpinning the Fifth and Sixth Reviews of the ...