The International Monetary Fund has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of ...

Domestic debt meanwhile grew by Sh880 billion in the period to Sh5.93 trillion, raising its share of total debt to 53.8 ...

Emerging markets investors are confident Senegal will not enter debt distress after a government audit revealed much more ...

Since the US is the largest shareholder in both institutions, with over 16% of IMF and just under that for World Bank, ...

Absa Bank projects further cuts in the Central Bank Rate (CBR) by the regulator from the current 10.75 per cent to 9.0 per ...

However, in recent decades, Africa's relationship with the global system has begun to shift, and China has been a key ...

This means Kenya’s guaranteed debt rose to Sh11.02 trillion as of January this year. It now represents 65.7% of GDP, well above the targeted threshold of 55 per cent of GDP by 2028.

Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF ...

Kenyans will soon enjoy cheaper loans as the Central Bank of Kenya (CBK) plans to lower lending rates for banks across the ...

The Ministry of Planning, Economic Development, and International Cooperation has published its second follow-up report on the NWFE National Platform, showcasing advancements in the integration of ...

Donald Trump’s drastic cuts to the US Agency for International Development have forced several African nations to look for alternative ways to cover funding shortfalls. As such, attention is shifting ...

Kenyan President William Ruto signed a power-sharing agreement with opposition leader Raila Odinga on Friday, months after ...