Jihad Azour, Director of the Middle East and Central Asia Department and Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department of the International Monetary Fund (IMF) ...

By Karin Strohecker and Duncan Miriri WASHINGTON/NAIROBI (Reuters) -Sub-Saharan African economies should work to increase ...

Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

The International Monetary Fund will not decide before May whether Senegal must repay money disbursed under a now-frozen ...

Kenya plans austerity measures to significantly narrow its fiscal deficit in the year through June 2026, as it eyes a new ...

Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), has asked African leaders to deepen ...

Mr. Gatete recognized and appreciated the IMF’s ongoing reforms that stem from the recommendations of the Africa High-level ...

The IMF has slashed South Africa’s growth prospects for 2025 and 2026, putting President Cyril Ramaphosa’s lofty dreams of 3% ...

Mafudze, Permanent Representative of the African Union Mission to the U.S., emphasized the urgency of transitioning from ...

Historical experience suggests that stabilizing debt across sub-Saharan Africa is still achievable in most cases, even though debt levels are elevated and vulnerabilities are high. Countries in the ...

Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid "turbulent global conditions", International Monetary Fund Africa ...