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The IMF has expressed commitment to support Egypt’s economic reforms and aid amid regional challenges, with potential financial assistance following a crucial review. Condolences were offered to Spain for recent …
IMF Support for Egypt’s Reforms and Economic Stability Initiatives in Spain and Argentina Read More
The IMF pledged its support for Egypt’s economic reforms and reviewed its financing needs, while also assessing the impact of floods in Spain and the economic stabilization efforts in Argentina, …
IMF’s Support for Economic Reforms in Egypt, Spain, and Argentina Read More
Kenya’s mobile money transactions rose to Sh6.5 trillion in early 2024, marking a 13.2% increase from 2023. This growth stems from Airtel Kenya’s policy changes promoting better fund retention and …
Kenya’s Mobile Money Transactions Surge to Sh6.5 Trillion in 2024 Read More
The IMF urges the DRC to streamline financial management by establishing a Treasury Single Account as a condition to secure $2.87 billion in new funding over three years. This consolidation …
IMF Advocates for Treasury Single Account and Tax Reforms in Congo for New Financing Agreement Read MoreInvestors are increasingly optimistic about Argentina under President Javier Milei, whose economic reforms are yielding high returns on stocks and bonds. Despite ongoing recession pressures and high inflation, Milei’s austerity …
Investor Confidence Grows in Argentina Amid Javier Milei’s Reforms Read More
Tanzania has secured funding for a standard gauge railway linking to Burundi. Overseen by the TRC, the railway connects Dar es Salaam to Mwanza and extends regionally. TRC’s Mateshi Tito …
Tanzania Secures Funding for Standard Gauge Railway Linking to Burundi Read More
The Tanzanian government has secured funding for the construction of a Standard Gauge Railway segment linking Tanzania to Burundi. International financial institutions, including Standard Chartered and AfDB, are supporting this …
Tanzania Secures Funding for SGR Link to Burundi Read More
The IMF has been recommended to sell 4% of its gold reserves to provide debt relief to low-income countries suffering from climate change. A Boston University study emphasizes the insufficiency …
IMF Recommended to Sell Gold Reserves for Climate-Related Debt Relief Read More
On October 5, 2023, Zimbabwe announced a gold-backed digital token aimed at improving economic access for citizens, enabling them to own gold and reducing reliance on the US dollar. Following …
Kenya Follows Zimbabwe in Leveraging Web3 for Economic Inclusion in Low-Income Segments Read More
Nigeria’s 2025 budget presentation is likely delayed until December 2024, with crucial financial documents still unsubmitted. Senator Sani Musa emphasized that the timing is at the discretion of President Tinubu’s …
Senate Anticipates Delayed Presentation of Tinubu’s 2025 Budget to National Assembly Read More