Within the last few weeks, there have been massive developments between West African countries and the International Monetary ...

Behind many sovereign debt crises there is often a simple, but difficult truth: the full picture of public debt and contingent liabilities which migrated to sovereign balance sheets was not visible to ...

LAGOS, May 8 (Reuters) - Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

The IMF team had productive discussions with the Zambian authorities on economic performance and policies underpinning the Fifth Review under the IMF Extended Credit Facility (ECF) arrangement.

The controls, known locally as el cepo (the clamp), meant that citizens and businesses were limited in the amount of foreign ...

Her exclusive interview with The Citizen also sheds light on the growing role of gold as an alternative reserve asset for ...

However, the IMF classifies it as being at a high risk of distress, mainly due to exposure to foreign exchange risks. About 80% of Angola's debt is in foreign currency, including oil-backed loans from ...

Kenya needs to raise at least $26bn in the next decade to pay maturing foreign debt and another $1.5bn annually to meet ...

The First Deputy Governor of the Bank of Ghana, Dr. Mumuni Zakaria, says the recent rally of the cedi is not due to artificial support by the central bank, but rather a result of strong, ...