An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris visited Addis Ababa from October 30 – November 13, ...
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.
The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...
The government completed the conversion of the Ksh646.15 billion (USD 5 billion) SGR loan owed to China from dollars to yuan ...
The Ministry of Finance has emphasized Ethiopia's strong commitment to enhancing transparency, accountability, and fiscal governance.
Equity Group is also accelerating its entry strategy. In September, Equity Group chief executive James Mwangi met with ...
The former finance minister Trevor Manuel’s expert panel revealed how international debt mechanisms are failing Africa, with ...
The International Monetary Fund said on Tuesday it has discussed various options with Senegal to address the country's ...
China has been pushing for a new Africa financial engagement framework anchored on its Cross Border Interbank Payment System (CIPS), which is Beijing’s alternative to the US dominated SWIFT network, ...
While sub-Saharan Africa’s resilience is encouraging, vulnerabilities have been building up and will continue to test the ...
Opinion
The Business & Financial Times on MSNOpinion

Europe must help Africa break the cycle of debt

African and European leaders will meet in Luanda, Angola, for the European Union-African Union summit. Marking 25 years of EU-AU partnership, the gathering is not just a celebration but a moment to ...