DAKAR (Reuters) -The International Monetary Fund’s board has approved Senegal’s request for a credit extension to Jan. 10, 2023, to…
IMF grants Malawi waiver after it overstated its reserves
BLANTYRE (Reuters) – The International Monetary Fund’s executive board has granted Malawi a waiver after it misreported its international reserves,…
S.African civil servants plan protests to pressure govt over wages
PRETORIA (Reuters) – South African civil servants will march to the National Treasury in the administrative capital Pretoria and in…
Senegal reform implementation slower than expected – IMF staff
(Reuters) – Senegal has made “significant progress” in implementing structural reforms but those have come at a slower pace than…
South African retail sales fall 0.6% year on year in September
JOHANNESBURG (Reuters) – South African retail sales fell 0.6% year on year in September after rising by a revised 2.1%…
Africa deserves right to use natural gas reserves – AfDB chief
By Simon Jessop and Emilie Madi SHARM EL-SHEIKH (Reuters) – The right of African countries to use their natural gas…
Iraq wants a review of its quota allocated by OPEC – INA
CAIRO (Reuters) – Iraq wants a review of the production quota allocated to it by oil producer group OPEC, state…
Developing countries, China seek ‘loss and damage’ fund – draft proposal
By Simon Jessop and William James SHARM EL-SHEIKH, Egypt (Reuters) – The G77 bloc of developing countries and China are…
Nigeria’s debt service costs to remain elevated in medium term -Fitch
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s debt service costs will remain elevated in the short to medium term, which…
G20 leaders see deteriorating debt issues in some middle-income countries – draft
By Andrea Shalal WASHINGTON (Reuters) – Leaders of the Group of 20 major economies will express concern about the “deteriorating…