Africa development finance

The International Monetary Fund and Zimbabwe have reached a staff-level agreement on a new 10-month Staff-Monitored Program aimed at consolidating recent economic stabilisation gains and strengthening macroeconomic management, in a move…

Africa is the youngest continent in the world. More than 60 per cent of its population is under the age of 25, yet one in four young Africans is not in employment, education or training. As population growth accelerates, millions more enter…

As Africa accelerates its search for sustainable growth, industrialization, and global relevance, a powerful shift is taking place far beyond the continent’s borders — one that could reshape Africa’s economic future. Saudi Arabia has…

The International Monetary Fund has approved a new disbursement of $261 million for Ethiopia after completing the fourth review of the country’s 48‑month Extended Credit Facility (ECF) programme. The latest release brings total IMF…

Africa has produced gold for centuries, yet for just as long, the continent has remained largely absent from the systems that determine how that gold is refined, priced, stored, and traded. That imbalance may be beginning to change. This…