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Angolan President João Lourenço

IMF approves $3.7 bln credit facility for Angola

8 December 2018, 8:53 PM

IMF said its board had approved a $3.7 billion credit facility for Angola to support economic reforms and would immediately disburse around $990 million.

IMF optimism on SA’s economic recovery fading

19 November 2018, 10:04 PM

South Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of global trade tensions, the International Monetary Fund (IMF) said on Monday.

Farmers standing in the land

Govt officials assure international community about expropriation of land

15 November 2018, 9:55 PM

Since the ANC resolved to change the constitution on expropriation of land without compensation at its policy conference in December, government officials from the President down have gone to great lengths to assure the international community that this process would unfold within the confines of the rule of law.

IMF reaches staff agreement for $2 bln disbursement to Egypt

1 November 2018, 4:32 PM

The International Monetary Fund has reached a staff-level agreement with Egypt to disburse another $2 billion from the country’s $12 billion extended fund facility, it said on Tuesday.

Political rift in Ivory Coast raises concerns for 2020

12 October 2018, 10:53 AM

They also say a falling out between Alassane Ouattara and Henri Konan Bedie, who served as president from 1993 until he was overthrown in a 1999 coup, was perhaps inevitable.

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