IMF advices China to change growth model
By Andualem Sisay Gessesse (Marrakech, Morocco) – The International Monetary Fund (IMF) advices China to change its development…
Economy
China’s economy decline in 2024 set to slow Africa
By Andualem Sisay Gessesse – Marrakech, Morocco – The World Economic Outlook launched today by the International Monetary…
IMF deploys $1 trillion in global liquidity, reserves
The International Monetary Fung (IMF) says it has deployed $1 trillion in global liquidity and reserve since the…
East, Central Africa experts discuss regional value chain
To discuss sub regional value chain, the Meeting of the Intergovernmental Committee of Senior Officials and Experts (ICSOE)…
Igniting transformation, bold collaborations towards unstoppable Africa
Leaders from global business, investment, government, sports, and the arts gathered in New York on Thursday, 21st September…
Senegal economy set to grow 8.8 percent in 2024
The International Monetary Fund (IMF) anticipated the economy of Senegal to grow by 8.8 percent in 2024.
IMF advises Angola to implement subsidy reform
The International Monetary Fund (IMF) advised Angola to fully implement the subsidy reform mitigation measures to support the…
Botswana growth to slow to 3.8 percent in 2023
The International Monetary Fund (IMF) says Botswana’s economic growth is expected to slow to 3.8 percent in 2023…
African solution, new world order prescribed for debt burden
By Andualem Sisay Gessesse – Dakar, Senegal – Calling for an African solution and a new world order,…
IMF reflects on Kuwait economy urging for structural reform
The Executive Board of the International Monetary Fund (IMF) reflected on the economy of Kuwait urging for a…
An economist look at Ethiopian economy, inflation
By Muluneh Gebre – Ethiopia’s macro-economic performance remains positive amid severe inflation, drought and clashes in different parts…
Africa told to regulate credit rating agencies
Africa should develop regulatory mechanisms to supervise international credit rating agencies (CRAs) to avoid erroneous assessments that discourage…
Russia launches multisectoral cooperation with Africa
By Andualem Sisay Gessesse, St. Petersburg, Russia – In an effort to enhance and strengthen the existing ties,…
Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr,…
Botswana’s economy slows to 3.8 percent in 2023, IMF predicts
The International Monetary Fund (IMF) predicted Botswana’s economic growth to slow to 3.8 percent in 2023.
UN warns of soaring $92 trillion global public debt
The United Nations Secretary-General today presented the report, “A world of debt. A growing burden to global prosperity”…
Russia invites African businesses for business cooperation
By Andualem Sisay Gessesse- Ahead of the upcoming second Russia-Africa Summit scheduled to take place in St. Petersburg…
Africa’s economic reputation focus of first Africa PR
BHM Research and Intelligence (BR&I) in partnership with Magna Carta Reputation Management Consultants, has launched the maiden edition…
African Development Bank initiative on IMF Special Drawing Rights gets support
World leaders attending this week’s Summit for a New Global Financing Pact in France praised the African Development…
IMF welcomes Zambia’s debt treatment agreement
The International Monetary Fund (IMF) has welcomed the debt treatment agreement reached by Zambia and its official creditors…
U.S. – Africa Summit agreements bearing fruits – U.S. officials
The implementation of the decisions and agreements made during the latest U.S-Africa Summit to boost economic and political…
Africa urged to accelerate AfCFTA full implementation
Africa should accelerate the full implementation of the African Continental Free Trade Area while creating a conducive business…
Zimbabwe vows to end debt burden
Zimbabwe President Emmerson Mnangagwa has reassured development partners and creditors that his government is committed to the implementation…
West Africa meeting focuses on informal sector
West African experts met in in Lomé, Togo this week to review the draft study report on the…
Cairo summit reflects on women’s economic participation
The International Finance Corporation (IFC), a member of the World Bank Group, and the World Bank Group, today…
Debt: East, West new weapon to colonize Africa
BY ANDUALEM SISAY GESSESSE Accra, Ghana – African countries are at risk of falling once again into debt…
IMF agrees to release additional funding to Seychelles
An International Monetary Fund (IMF) mission led by Calixte Ahokpossi, Mission Chief for Seychelles, visited Victoria March 16-29,…
EC, IMF host African fiscal forum
BY WOUBISHET SISAY – European Commission (EC) and the International Monetary Fund (IMF) on Tuesday host the African…
Rising poverty, inequalities threaten Sustainable Development Goals
Development experts have warned that persistent poverty and inequality are likely to undermine prosperity, peace and security in…
African experts reflect on structural transformation in Africa
Practical and innovative ways are critical to accelerate inclusive economic transformation in Africa, said African experts who are…