The report notes that loan defaults in Africa decreased by 13 percent in 2023 to $129.9 billion, attributed to debt restructuring and improving economic conditions.

The funding will be secured through diverse issuances, Reuters reported, citing an interview with Kouchouk on ONtv, an Arabic ...

Egypt, grappling with high inflation, is targeting about $3bn in the remainder of the current fiscal year, which runs until ...

Egypt is expected to receive later this month another disbursement from the IMF as part of an $8 billion programme, its ...

Egypt is set to receive a $1.2 billion disbursement from the IMF as part of an $8 billion program. The agreement follows high inflation and currency shortages, aggravated by a decline in Suez Canal ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

The Iraqi Ministry of Planning revealed that the monthly inflation rate decreased and the annual inflation rate rose for November 2024.

President Biden pardoned the death sentences of 37 people on death row in federal prisons. These folks will remain in prison without chance of parole. He has been both praised and pilloried for his ...

It is a sad reality that some of the countries richest in natural resources are the same ones saddled with the most ...

This funding is part of the EU’s Macro-Financial Assistance (MFA) program, following the European Commission’s approval in ...

The port, a flagship project under the Belt and Road Initiative, was inaugurated on Nov 14 by President Xi Jinping and his Peruvian counterpart, Dina Boluarte, via video link. "There is a deep sense ...