Minister of Finance Ahmed Kouchok said in August that Egypt’s total budget deficit dropped to 3.6 per cent of GDP during ...

Though the government is under pressure to meet its commitments to the IMF, it is deeply interested in cushioning the effect on Egyptians as much as possible as evidenced by the statements of its top ...

Poverty and climate change are two of the most pressing challenges confronting Africa today. The continent continues to ...

Accepted bids amounted to the targeted EUR 642.8 million, with yields ranging from 3.5% to 4.2%.

It has had a positive effect because in July the CBN reported that the country had recorded an all-time high diaspora remittance inflow of $553m. During the IMF/World Bank meetings the CBN governor ...

There are obvious interests that need to be protected and probably none of the members of the cabal is telling us the whole truth.

Artificial Intelligence has taken over the world and now many industries are implementing AI in their workplaces. The ...

In early November 2024, the IMF decided to create a 25th Executive Director position. The move had been under discussion for ...

BRICS attaches great importance to green development and green cooperation. And China, as President Xi Jinping emphasized at ...

The funds will primarily go toward settling loans provided by Ethiopia’s largest bank to several state-owned companies, including Ethiopia Electric Power, Ethiopian Sugar Corp, and Ethiopia Railway ...

Even with its large population, the continent is still a small player in the insurance sector. It accounts for less than 1% of global premiums and has an average premium of just $46 per person. South ...

Western officials are investigating whether devices planted at shipping hubs in Europe may have been a test run by Russian operatives for placing them on planes bound for the U.S. By Michael ...