IMF approves an additional US$171.9M to Madagascar
The Executive Board of the International Monetary Fund (IMF) approved the disbursement of US$171.9M to the ...
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Tag: economic recession
Sub-Saharan Africa GDP to contract 3.1% this year
Sub-Saharan Africa’s economy will contract this year after shutdowns disrupted activity and as daily cases of ...
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Zambia’s economy to shrink 4.2% in 2020 – finance minister
Zambia expects its gross domestic product to shrink by around 4.2% in 2020, more than the ...
Read moreRecession and what it means for Africa
Sub Saharan Africa (SSA) is experiencing its first recession in over 25 years brought about by ...
Read moreZambia approves US$438M economic stimulus package
Zambia’s cabinet approved a ZMW 8B (US$439M) economic stimulus package financed through a COVID-19 bond in ...
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IMF approves US$14.3M Tanzania debt relief
The executive board of the International Monetary Fund (IMF) approved a US$14.3M grant under its Catastrophe ...
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