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A service for global professionals · Wednesday, November 27, 2024 · 764,098,559 Articles · 3+ Million Readers
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Africa IMF Newswire

  • Published on Nov 26, 2024

    International Monetary Fund tips Malawi, others on containing unemployment

    The International Monetary Fund (IMF) has urged Malawi and other low-income countries in the sub-Saharan Africa region to transform informality into a viable pathway for employment. The fund proposes targeted worker-level policies and the removal of …

    Source: Times Group - Neutral
  • Published on Nov 26, 2024

    Morocco Reverses Crypto Ban: New Regulations to Follow

    Morocco has announced plans to legalize cryptocurrencies after banning them in 2017. This major shift will be followed by regulatory framework, designed to ensure safe adoption of digital currencies while mitigating risks. The Bank Al-Maghrib (BAM) …

    Source: CryptoNewsZ - Neutral
  • Published on 00:01 GMT

    Morocco Central Bank governor confirms cryptocurrency law in progress

    Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption. The draft law will seek to clarify and oversee cryptocurrency activities in Morocco, …

    Source: JURIST - Neutral
  • Published on Nov 26, 2024

    Tinubu’s reforms are home-grown policies, not imposed by IMF, says group 

    The Tinubu Stakeholders Forum (TSF) has welcomed the reaffirmation of support by the International Monetary Fund (IMF) for the ongoing economic reforms under President Bola Tinubu’s administration. By Emmanuel Mogbede The Tinubu Stakeholders Forum (TSF) …

    Source: News Diary Online - Uncategorized
  • Published on Nov 26, 2024

    October 2024 Regional Economic Outlook for Sub-Saharan Africa (SSA)

    The October 2024 Regional Economic Outlook for Sub-Saharan Africa (SSA) has announced that macroeconomic imbalances are gradually easing in the region, thanks to policy adjustments. Inflation has declined in many countries, but challenges remain. …

    Source: Seychelles News Agency - Public Broadcaster
  • Published on Nov 26, 2024

    Morocco to adopt crypto regulations soon

    Morocco’s Central Bank governor, Abdellatif Jouahri announced on November 26 that the digital asset/crypto regulation law has been prepared and is in the adoption phase. The Central Bank of Morocco, known as Bank Al-Maghrib, has been working for the …

    Source: Cryptopolitan - Uncategorized
  • Published on Nov 26, 2024

    Don’t See Nigeria As Only A MarketPlace, Akpabio Tells China

    ABUJA – The Senate President, Godswill Akpabio has asked China not to see Nigeria as only a marketplace, but to work on projects that would better the fortunes of the people. Akpabio said that cooperation between both countries can craft a legacy that …

    Source: Independent - Label Pending
  • Published on Nov 26, 2024

    Morocco is preparing law to allow cryptocurrencies, explore digital currency

    A draft law on cryptocurrencies is undergoing the process of adoption in Morocco. The governor of its central bank, Abdellatif Jouahri, said this at an international conference at the country’s capital, Rabat, today. The central bank, known as Bank Al- …

    Source: Technext - Neutral
  • Published on Nov 26, 2024

    Does America Still Need Egypt?

    In May, after an Israeli military offensive prompted a shutdown of the Rafah border crossing from Egypt into southern Gaza, which had been the main route for humanitarian assistance into the Palestinian enclave, the Egyptian government refused to allow aid …

    Source: Foreign Affairs - Label Pending
  • Published on Nov 26, 2024

    GDP defies inflation shocks as more Nigerians take informal jobs

    • As output surpasses World Bank, IMF projections • Self-employed jobs jump to 85.6 per cent • Rising debt poses major risk to private sector growth, says Muda Yusuf Notwithstanding the high inflation rate, rising interest rates and company closure, …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 26, 2024

    Clear Path for Zimbabwe’s Debt Resolution as IMF Staff-Monitored Programme Looms

    Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube, flanked by African Development Bank (AfDB) president Dr Akinwumi Adesina and Foreign Affairs and International Trade Minister Professor Amon Murwira, addresses …

    Source: The Zimbabwe Mail - Neutral
  • Published on Nov 26, 2024

    Despite challenges, Nigeria’s economy grows by 3.46 per cent

    Nigeria’s output defied the odds growing by 3.46 per cent in the third quarter of the year, according to data released by the National Bureau of Statistics (NBS) yesterday. The announcement comes amid a high inflation rate, prohibitive interest rate, and …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 26, 2024

    Growth in Sub-Saharan Africa is diverging

    Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri Business News Nov - 26 - 2024 , 04:31 Stagnating incomes in sub-Saharan Africa’s resource-intensive economies necessitate more effective fiscal management and broad-based structural …

    Source: Graphic - Label Pending
  • Published on Nov 25, 2024

    AFRICAN Development Bank president applauds country’s progress

    Zvamaida Murwira and Wallace Ruzvidzo, Harare Bureau AFRICAN Development Bank (AfDB) president, Dr Akinwumi Adesina, has commended Zimbabwe for making huge strides towards clearing its US$21 billion public debt despite challenges related to sanctions and …

    Source: The Chronicle (Zimbabwe) - Gov't Propaganda
  • Published on Nov 25, 2024

    How to make the ‘African dream’ a reality?

    If the world sees Africa as a continent with resources to be exploited, economist Kako Nubukpo would like to see a Pan-Africanism that prioritises agriculture, investment and governance. How would you sum up your time as Commissioner of the West African …

    Source: New African Magazine - Neutral
  • Published on Nov 25, 2024

    Egypt’s President reviews economic progress with PM, CBE Governor

    President Abdel Fattah Al-Sisi met Monday with Prime Minister Mostafa Madbouly and Central Bank of Egypt Governor Hassan Abdalla to review Egypt’s macroeconomic indicators. The meeting followed a recent visit by the International Monetary Fund (IMF) and …

    Source: Daily News Egypt - Pro-Government
  • Published on Nov 25, 2024

    Money From Long Term Capital Market Investments Can Best Develop Nigeria — SEC

    News Investigators/ The Securities and Exchange Commission (SEC) says the amount of money required to develop the country could only be sourced from the capital market. Emomotimi Agama, the Director-General of SEC, said this at an engagement with …

    Source: News Investigators Nigeria - Uncategorized
  • Published on Nov 25, 2024

    Avoid Breaking Point, Adjust IMF, World Bank Policies, Gambari Tells FG

    Posted by African Examiner Featured, Latest Headlines, News Across Nigeria Monday, November 25th, 2024 (AFRICAN EXAMINER) – Prof Ibrahim Gambari, former Chief of Staff to ex-President Muhammadu Buhari, has urged the administration of President Bola Tinubu …

    Source: African Examiner - Neutral
  • Published on Nov 25, 2024

    ECA warns of worsening debt distress across Africa, urges financial system reforms 

    The United Nations Economic Commission for Africa (ECA) has raised alarms over the state of debt across the continent, revealing that 40% of African nations are either in debt distress or at high risk. Most of these nations are allocating more resources to …

    Source: Nairametrics - Neutral

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