DAKAR (Reuters) – The International Monetary Fund’s executive board has concluded a third programme review allowing for an immediate disbursement of about $203 million to Democratic Republ[...]
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Africa
Factbox-How governments are trying to ease impact of inflation
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how g[...]
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World Bank’s IFC sees ‘huge’ potential to boost investment in Africa
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformati[...]
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India rupee settlement mechanism draws interest from more nations
By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions[...]
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EM bulls outnumber bears for first time since July 2021 – HSBC survey
LONDON (Reuters) – A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has doubled over the last three months to the degree that ‘bulls’[...]
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Analysis-Ghana begins tackling debt restructuring pain as it secures IMF deal
By Rachel Savage JOHANNESBURG (Reuters) – Days after launching a bold domestic bond overhaul, Ghana struck a $3 billion loan deal with the International Monetary Fund in a quest to steady its de[...]
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U.S. trade chief Tai calls for improvements to African trade program
By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai told African counterparts on Tuesday that she wants to improve participation in the U.S. trade preferences program[...]
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Ghana expects $3 billion IMF loan approval early in 2023
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – The International Monetary Fund (IMF) is poised to lend Ghana $3 billion as the African nation grapples with its worst economic crisis in[...]
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Exclusive-IMF and Ghana expected to reach staff-level agreement by Tuesday – sources
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the latest, said thre[...]
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