Prepare for fallout of AfCFTA — IMF

February 25, 2021 The International Monetary Fund (IMF) has called for country-specific policies to limit the disruptions that free trade under the Africa Continental Free Trade Area (AfCFTA) could pose to...

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February 25, 2021 / Comments (0)

IMF refutes ‘deceptive’ HIPC reports about Ghana

October 28, 2020 The International Monetary Fund (IMF) has refuted claims that Ghana has again been added to the list of Heavily Indebted Poor Countries (HIPC). “The HIPC Initiative is essentially closed...

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October 28, 2020 / Comments (0)

Ken Ofori-Atta completes tenure as Chair of World Bank’s Development Committee

October 21, 2020 Ghana’s Finance Minister, Ken Ofori-Atta, has successfully completed his two-year tenure as the Chairman of the Development Committee of the World Bank and IMF, after chairing his 4th DC...

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October 21, 2020 / Comments (0)

Coronavirus: Low-income countries risk loss for decades – IMF

September 2, 2020 In the wake of the Coronavirus pandemic, the International Monetary Fund (IMF) has noted that most low-income developing countries (LIDCs) cannot sustain strict containment measures for...

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September 2, 2020 / Comments (0)

Fitch: Sub-Sahara African debt burdens rising faster than elsewhere

July 1, 2020 Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and...

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July 1, 2020 / Comments (0)

China to exempt some African countries from repaying specific loans – Prez. Xi Jingping hints

June 19, 2020 China’s President, Xi Jingping has announced that China will exempt some African countries from repaying zero-interest rate loans due at the end of 2020, according to Reuters News agency....

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June 19, 2020 / Comments (0)