By Cooper Inveen ACCRA (Reuters) – Ghana’s central bank has laid out relief measures for banks that participate in the…
Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya
LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China,…
U.S. bid for battery metals has Africa blind spot
By Helen Reid and Nelson Banya JOHANNESBURG (Reuters) – Mining companies and governments in Africa are calling for stronger trade…
IMF says low-income countries need nearly $500 billion in external financing through 2026
WASHINGTON (Reuters) – Low-income countries will need nearly $500 billion in external financing during the 2022-2026 period, the International Monetary…
Egypt’s core inflation rises to 21.5% yr/yr in November – central bank
(Reuters) – Egypt’s core inflation rose to 21.5% year on year in November from 19.0% in October, the central bank…
IMF to assess Zambia in spring, urges debt deal with creditors
LONDON (Reuters) – The International Monetary Fund has urged default-stricken Zambia to strike a debt restructuring deal with its international…
UAE expects GDP growth of 6.5% this year, beyond 7% next year
DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the…
Kenya’s economic growth to slow to 5% next year, World Bank says
NAIROBI (Reuters) – Kenya’s economic growth will slow down to 5% next year from an estimated 5.5% this year, the…
Ghana hoping for IMF agreement by next week: finance ministry official
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – Ghana’s economic recovery efforts could be delayed and complicated if a…
Egypt expecting approval of IMF package next week-deputy minister
CAIRO (Reuters) – Egypt is expecting approval of a new $3 billion Extended Fund Facility package from the International Monetary…