Angola’s Fuel Subsidy Bill Could Reach $4.16 Billion as Rising Oil Prices Pressure Public Finances
Angola could spend as much as 3.8 trillion kwanzas ($4.16 billion) on fuel subsidies in 2026, ...
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Tag: IMF
AfDB Targets $800 Million for Mali’s Infrastructure and Economic Transformation
The African Development Bank Group (AfDB) aims to mobilise $800 million by 2031 to support infrastructure ...
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IMF and Zambia Reach Staff-Level Agreement on $1.47 Billion Financing Programme
Zambia has reached a staff-level agreement with the International Monetary Fund (IMF) on a proposed three-year ...
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Ajay Banga: World Bank in Crisis Aid Talks With 40 Countries
The World Bank is in discussions with between 30 and 40 countries about potential emergency assistance ...
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Gabon Plans $580 Million Bond Sale After $920 Million International Issuance
Gabon is preparing to raise a further $580 million from international investors, around two months after ...
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Senegal’s Fiscal Deficit Could Reach 9.2% of GDP as Debt Costs and Subsidies Increase
Senegal’s fiscal position is coming under renewed pressure, with Barclays estimating that the country’s 2026 deficit ...
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The Price of Being African: Why Ruto’s Call for Financial Reform Cannot Wait
There is a particular kind of injustice that never appears in a ledger, yet shapes every ...
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Mozambique Seeks New IMF Programme as Further Reforms Remain on the Table
Mozambique is seeking to advance discussions on a new International Monetary Fund-supported programme after an IMF ...
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Banga Signals Support for Senegal’s Push to Accelerate G20 Debt Restructuring
World Bank Group President Ajay Banga is expected to discuss Senegal’s plans for sovereign debt treatment ...
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Senegal’s Faye to Meet IMF Chief as Dakar Pursues New Economic Reform Programme
Senegalese President Bassirou Diomaye Faye is due to meet International Monetary Fund Managing Director Kristalina Georgieva ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.