DRC Congo: Economic Growth Set to Reach An Unprecedented Seven Percent in 2013

In its first detailed economic analysis in twenty-five years, the World Bank projects the economy of The Democratic Republic of Congo (DRC) is set...

No asset can be viewed as truly safe: IMF

The global financial crisis and concern about debt levels in many advanced economies showed no asset could be viewed as truly safe, the International...

Net1 Launches Mobile Virtual Card Technology in India

Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ:UEPS)(JSE:NT1) today announced that its Net1 Mobile Solutions ("N1MS") business unit has launched a mobile-based...

IMF Opens Fifth Regional Technical Assistance Center in Africa

The International Monetary Fund (IMF) today officially opened its fifth Africa regional technical assistance center (AFRITAC) in Ghana, offering capacity building services to six...

International Monetary Fund (IMF) Staff completes 2019 Article IV visit to Zambia

Zambia’s development strategy targeting a rapid scaling up in infrastructure spending has resulted in large fiscal deficits, financed by nonconcessional debt IMF staff and Zambian...

Statement by an IMF Mission to Egypt

A staff mission from the International Monetary Fund (IMF) visited Cairo from March 25 to April 10 to continue discussions on possible financial support...

AfDB Group Supports Ghana’s Development with US $211.6 Million in 2012

2012 was a record year for the Bank Group’s engagement with Ghana The African Development Bank (AfDB) Group (http://www.afdb.org) provided a total of US $211.6...

New Revenues Can Offset Africa’s Rising Income Inequality

Combating rising income inequality in sub-Saharan Africa will require a pragmatic, multipronged approach to uncover new sources of revenue while also enabling critical investments...

Statement at the Conclusion of an IMF Mission to Sierra Leone

An International Monetary Fund (IMF) mission visited Sierra Leone during March 28-April 11, 2012 to conduct discussions for the fourth review of the program...

Statement by the IMF Mission at the end of a visit to the Union...

At the conclusion of the mission, Mr. Trines, issued the following statement: “The economic situation in Comoros continues to be difficult. The crisis in the...

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