Africa IMF News Monitoring

IMF and WB “a reversed Marshall Plan” says Lula

Monday, July 7th 2025 - 09:46 UTC “The distortions are undeniable,” Lula said Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the World Bank (WB) because they represent “a reverse …

IMF: Nigeria needs expanded cash transfer system to reduce poverty

The International Monetary Fund (IMF) says Nigeria must scale up its cash transfer system to cushion the effects of economic shocks and tackle high poverty levels. The recommendation was contained in an article published on Monday, written by Axel …

Nigeria Downplays Critical Challenges While Celebrating IMF Report

July 07, (THEWILL) — The Nigerian Government last week celebrated the verdict of the International Monetary Fund (IMF) which applauded the positive results of the ‘bold and difficult’ reforms of the present administration. The IMF’s latest Article IV …

Fragile African states left behind in pandemic recovery

Five years after COVID-19 first swept across the globe, much of sub-Saharan Africa is finding its feet again. Trade volumes have picked up, tourist arrivals are rising, and digital payments have surged. But for more than 400 million people living in the …

Egypt’s central bank expected to keep interest rates steady on July 10: Reuters poll

CAIRO (Reuters) -The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate reductions following a stubborn increase in inflation over the last few months, a Reuters poll showed. Median …

Ghana gets new IMF resident representative, set to begin work in September

The International Monetary Fund (IMF) has appointed Dr Adrian Alter as the new Resident Representative for Ghana. He is set to assume the role on September 2, 2025, replacing the current Resident Representative, Leandro Medina, who was appointed in 2022. …

How Tinubu can sustain reform momentum —IMF

Since taking office in the past two years, President Bola Tinubu has embarked on key reforms that have well positioned Nigeria, placing it among countries with a market-driven economy. While the bold market policies — abolishing costly petrol subsidies, …

Dr. Adrian Alter appointed new IMF resident representative for Ghana

The International Monetary Fund (IMF) has named seasoned Senior Economist, Dr. Adrian Alter as its new Resident Representative to Ghana, effective September 2, 2025. He succeeds Dr. Leandro Medina, who concludes his three-year tenure in August 2025 after …

Egypt inflation seen having eased to 16.2% in June: Reuters poll

CAIRO (Reuters) -Egypt’s annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage prices softened, a Reuters poll found. The median forecast of 15 analysts polled by Reuters was for annual urban …

Egypt's net foreign assets rise in May to $14.7bln

Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching levels reached in March when the International Monetary Fund approved a $1.2 billion disbursement for the country. Egypt's net …

Africa: MF flags seizure of taxpayers’ accounts by Dar taxman

The International Monetary Fund (IMF) has raised concerns over how Tanzania Revenue Authority (TRA) is looking for additional revenues by issuing agency notices and seizing money from taxpayers’ bank accounts without following due process.“Tanzanian …

South Africa denies anti-US stance amid Trump tariff warning

American President Donald Trump said the US will impose an additional 10% tariff on any countries aligning themselves with the “anti-American policies” of the Brics group of developing nations, whose leaders kicked off a summit in Brazil on Sunday. In …

IMF appoints Dr. Adrian Alter as new Resident Representative to Ghana

IMF appoints Dr. Adrian Alter as new Resident Representative for Ghana The International Monetary Fund (IMF) has appointed a Senior Economist with the Fund, Dr. Adrian Alter as the new Resident Representative to Ghana. Dr. Alter is expected to formally …

Bola Tinubu Preaches Pan-Africanism

This is my sort of reply to the Nigerian president’s spokesman’s press release regarding his principal’s visit to Saint Lucia: Wow! So, the same man who, at France’s gleeful nudging, dismantled ECOWAS like a drunken mason knocking down his own house, now …

7 African leaders allegedly assassinated by western powers

Throughout Africa’s post-independence history, a troubling pattern has emerged: visionary leaders who stood against colonialism, foreign exploitation, and neocolonial control often met untimely and suspicious deaths. Many of these assassinations were not …

Financial services and investments: Engines of Africa’s accelerated GDP growth

Africa’s growth story is shifting. As the continent’s youthful population, digital transformation, and entrepreneurial energy expand, one sector increasingly stands out as both a catalyst and connector of opportunity: financial services and investment. …

BRICS call for IMF reform, fairer AI governance

Brazilian President Luiz Inácio Lula da Silva addressed the second plenary session of the 17th BRICS Summit in Rio de Janeiro on Monday, focused on "Strengthening Multilateralism, Economic and Financial Affairs, and Artificial Intelligence." …

BRICS pushes for fair trade, IMF reform and AI governance in Rio declaration

KUALA LUMPUR: The BRICS bloc has reinforced its stance on fair global trade, opposing unilateral protectionist measures disguised as environmental policies. In the 17th BRICS Rio De Janeiro Declaration, the group emphasised adherence to international law …

IMF Country Focus: How Nigeria can unleash its economic potential (By Axel Schimmelpfennig, IMF Mission Chief to Nigeria ...

SacraPod Suites Launches Modular AI-Powered 'Work + Rest' Hospitality Model Across the U.S.

Transforming idle U.S. motels into smart, modular “Work + Rest” suites for hybrid professionals, universities, and corporate teams. SPARTANBURG, SC, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- SacraPod Suites by Sacra Analytics Redefines …

Automotive Steer-By-Wire System Report 2025 – For Strategy Officers And Market Intelligence Teams

The Business Research Company's Automotive Steer-By-Wire System Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, July 7, 2025 /⁨EINPresswire.com⁩/ -- Save 30% On All Global …

Over-The-Counter OTC Products-Eye Care Report 2025 – For Strategy Officers And Market Intelligence Teams

The Business Research Company's Over-The-Counter (OTC) Products-Eye Care Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, July 7, 2025 /⁨EINPresswire.com⁩/ -- Save 30% On …

Gulf Medical University Announces Second Cycle of Thumbay International Research Grant of AED 3 Million.

Thumbay International Research Grant of AED 3 Million to Fuel Innovation and Impact -25/26 AJMAN, UNITED ARAB EMIRATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- In a bold step to propel global medical research and healthcare innovation, Thumbay …

Facilitating Global Expansion: OneTax CM Eases Singapore Market Entry for Foreign Firms

SINGAPORE, July 7, 2025 /⁨EINPresswire.com⁩/ -- As Singapore continues to position itself as a gateway to Asia, foreign companies are increasingly drawn to its transparent legal system, business-friendly regulations, and strategic location. Yet, …

Facilitating Global Expansion: OneTax CM Eases Singapore Market Entry for Foreign Firms

SINGAPORE, July 7, 2025 /⁨EINPresswire.com⁩/ -- Singapore, 7th July 2025 – As Singapore continues to position itself as a gateway to Asia, foreign companies are increasingly drawn to its transparent legal system, business-friendly regulations, and …

ATMOsphere Report Highlights Rising Threat of HFO Refrigerants and TFA Byproduct

This second installment, to be discussed July 10 at an OEWG side event, addresses the growing evidence of HFO-produced TFA’s proliferation in the environment. BRUSSELS, BRUSSELS , BELGIUM, July 7, 2025 /⁨EINPresswire.com⁩/ -- ATMOsphere, a global …

IB Students Across Canada Receive Their Results

More than 13,168 IB Students in Canada and 202,103 Worldwide Received Their Diploma Program (DP) and Career-Related Program (CP) Exam Results OTTAWA, ONTARIO, CANADA, July 7, 2025 /⁨EINPresswire.com⁩/ -- 202,103 students worldwide received their …

IB Students Across the United States Receive Their Results

More Than 100,081 IB students in the U.S and 202,103 Worldwide Received Their Diploma Program (DP) and Career-related Program (CP) Exam Results WASHINGTON, DC, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 202,103 International Baccalaureate …

2025 E-ATP Conference Programme Now Live: Explore the Future of Assessment in Europe

WASHINGTON, DC, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- The European Association of Test Publishers (E-ATP) is pleased to announce that the full programme for the 2025 E-ATP Conference is now available online. The conference will be held 17-19 …

12x12 Cardstock Shop Unveils 2025 Trending Parents’ Day Cardstock Collection

12x12 Cardstock Shop launches 2025 Parents’ Day collection featuring trending colors, textures, and archival-quality cardstock paper for heartfelt crafts. PROVO, UT, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 12x12 Cardstock Shop has …

ChatEurope, the first chatbot dedicated to European news

Ask any questions about Europe! PARIS, FRANCE, July 7, 2025 /⁨EINPresswire.com⁩/ -- Launched today by 15 partners including a dozen leading European media organizations, this unique news platform (www.chateurope.eu) integrates, for the first time, …

Artisanal Collective Responds to Sevilla: From Declaration to Deployment

Sevilla set the agenda—Artisanal Collective delivers the tools to preserve heritage and scale artisan economies across the Global South. PARIS, ÎLE-DE-FRANCE, FRANCE, July 7, 2025 /⁨EINPresswire.com⁩/ -- Artisanal Collective™ welcomes the Fourth …

Omnigence Asset Management Surpasses CA$1 Billion in Assets Under Management

CALGARY, ALBERTA, CANADA, July 7, 2025 /⁨EINPresswire.com⁩/ -- Omnigence Asset Management, a Canadian multi-strategy alternative investment firm, announced today that it has surpassed CA$1 billion in assets under management (AUM) across its growing …

Vincent Azanza Brings DOXA® Talent to Bellevue, Championing Smart Growth and Global Opportunity

DOXA® Talent, a leader in offshore and nearshore staffing solutions, announces the opening of its newest franchise: DOXA Talent Bellevue, Washington. BOISE, ID, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- DOXA® Talent, a leader in offshore …

Zafir Rashid and Teramir Group explore strategic developments in Abu Dhabi, Egypt, and Brazil

ABU DHABI, ABU DHABI CENTRAL CAPITAL, UNITED ARAB EMIRATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- Zafir Rashid is actively pursuing new experiential hospitality projects across Abu Dhabi, Egypt, and Brazil, expanding Teramir Group’s global …

The Investors Coliseum Welcomes Inverite Insights Inc. as Its Newest Featured Company

Inverite Insights Inc. Named a Featured Company on The Investors Coliseum Platform Inverite Insights Inc. (INVR:INVR) TORONTO, ONTARIO, CANADA, July 7, 2025 /⁨EINPresswire.com⁩/ -- The Investors Coliseum (“IC”), a leading online investor community and …

GEMS School of Research and Innovation launches SRI Club: on a mission to build world’s most influential parent network

“Power of Connection” fuels new global community to spark ventures, investments, philanthropy, and ideas – creating lasting impact beyond the classroom LONDON, UNITED KINGDOM, July 7, 2025 /⁨EINPresswire.com⁩/ -- GEMS School of Research and Innovation …

FOIA Filed Seeking Records on Trump-Ordered Dismissal of Smithsonian Official, Kim Sajet & Board of Regent's Meeting

Highlights Ongoing Questions About Smithsonian’s Legal Status and Public Accountability WASHINGTON, DC, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- Artist, author, and free speech activist Julian Marcus Raven, a long-time litigant in …

Bali Benoa Marina Lifts Off

The first concrete floating pontoons have been successfully installed at Bali Benoa Marina, marking a major milestone in Indonesia’s marina development. AUSTRALIA, July 7, 2025 /⁨EINPresswire.com⁩/ -- Just one month after the groundbreaking …