IVORY COAST GOVT SECURE CLIMATE CHANGE FUNDS FROM IMF

IVORY COAST GOVT SECURE CLIMATE CHANGE FUNDS FROM IMF

The Ivorian government and the International Monetary Fund (IMF) staff have agreed on a climate change reform program backed by a $1.3bn loan from the Resilience and Sustainability Facility (RSF).

In a statement, the IMF highlighted Cote d’Ivoire’s vulnerability to climate change, with rising temperatures, erratic rainfall, floods, rising sea

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IMF ATTRIBUTES NIGERIA’S SOCIAL PROTEST TO ECONOMIC DIFFICULTIES

IMF ATTRIBUTES NIGERIA’S SOCIAL PROTEST TO ECONOMIC DIFFICULTIES

The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four years have been very difficult in the wake of the decline in oil prices in 2015-16.

“Since then, their growth has been quite anemic ”

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TUNISIA RECEIVES US$245m AS PORTION OF IMF LOAN

TUNISIA RECEIVES US$245m AS PORTION OF IMF LOAN

Tunisia gets US$245 million loan installment from IMF

According to reports, the International Monetary Fund (IMF) have approved a loan installmental payment of US$245m to Tunisia. This approved sum is the fifth payment under the loan programme between IMF and the North African country.

The IMF loan programme will aid …

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ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

Ethiopia to become 2018 Africa’s fastest growing economy.

Latest IMF forecasts reveals that Ethiopia will overtake Ghana as the fastest growing economy in 2018. Bretton Woods institution data shows that Ethiopia will record an 8.5 percent growth rate. This will eventually surpass Ghana’s 6.3 percent growth rate.

According IMF, entry …

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AFRINVEST OPPOSES IMF ON THEIR NIGERIA’S FOREX PERPECTIVE

AFRINVEST OPPOSES IMF ON THEIR NIGERIA’S FOREX PERPECTIVE

The Group Managing Director of Afrinvest, Ike Chioke, unveils the preview of Nigerian’s economy and financial market.

Afrinvest (West Africa) Limited has disagreed with a report credited to the International Monetary Fund (IMF), which said that the nation’s foreign exchange market is still deep in uncertainty.

The company said such …

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ZAMBIA – A STABLE ECONOMY WITH AN UNSUSTAINABLE DEBT

ZAMBIA – A STABLE ECONOMY WITH AN UNSUSTAINABLE DEBT

October 24, 1964 Zambia gained independence from Britain. Fifty-Three (53) years later, we took a look into this peaceful African country.

Zambia recently celebrated it’s 53rd Independence Anniversary from Great Britain on October 24th. The event highlighted Zambia’s qualities, as being peaceful while promoting unity in the Southern African Development …

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