Wealth Growth Daily

Africa

IMF says has not received request from Tunisia to re-examine reforms

BY Reuters  • April 14, 2023April 14, 2023
WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it had not received any request from Tunisia to re-evaluate loan conditions while also denying it had imposed ‘dikta[...]
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Africa Business Economy Politics

Exclusive-Ethiopia seeking $2 billion under IMF program, sources say

BY Reuters  • April 14, 2023April 14, 2023
By Jorgelina do Rosario WASHINGTON (Reuters) – Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program, four sources familiar with th[...]
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Africa Business Economy

Angola’s next debt issuance to be ESG bond, but not in 2023

BY Reuters  • April 13, 2023April 13, 2023
By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) – Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday,[...]
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Africa Business Economy Politics

Exclusive-To measure progress on sovereign debt, look to actual deals -World Bank’s Malpass

BY Reuters  • April 13, 2023April 13, 2023
By Andrea Shalal WASHINGTON (Reuters) -World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana, Eth[...]
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Africa Asia Business Economy Updated US

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

BY Reuters  • April 13, 2023April 13, 2023
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructu[...]
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Africa Asia Business Economy Europe Politics Updated

Exclusive-Kenya expects $1.2 billion Q2 financing boost, seeks fresh IMF funds

BY Reuters  • April 13, 2023April 13, 2023
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding from the Internationa[...]
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Africa Business Economy Environment

IMF says public debt is growing faster than pre-COVID projections

BY Reuters  • April 12, 2023April 12, 2023
By Andrea Shalal WASHINGTON (Reuters) – Public debt is higher and growing faster than projected before the COVID-19 pandemic, driven mainly by the United States and China, the world’s two[...]
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Africa Asia Business Economy Environment Europe Latin America Middle East UK US

China to drop demand for development bank debt restructuring losses -source

BY Reuters  • April 12, 2023April 12, 2023
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -China is expected to drop its demand for multilateral development banks to share losses alongside other creditors in sovereign debt restructurin[...]
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Africa Asia Business Economy Updated US

IMF warns deeper financial turmoil would slam global growth

BY Reuters  • April 11, 2023April 11, 2023
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe[...]
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Africa Asia Business Economy Europe Middle East Politics Updated US
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