Tag: Africa growth

IMF backs Rwanda with $250 million deal to boost economic growth

IMF agreement positions Rwanda to sustain strong growth while reinforcing fiscal discipline and macroeconomic stability

Timilehin Adejumobi Timilehin Adejumobi

Egypt, World Bank push funding, reforms to drive national growth

Egypt is seeking fresh funding and faster reforms as it works to steady its economy and restore growth, deepening ties with the World Bank at a sensitive time for Africa’s third-largest economy.  The talks in Cairo come as governments across emerging markets contend with higher borrowing costs, tighter global liquidity and pressure to protect vulnerable households. For Egypt, officials say,…

Oluwatosin Alao Oluwatosin Alao

Sub-Saharan Africa to benefit from $332 million EU-IFC funding deal

The EU and IFC launched a $332 million guarantee plan to unlock private investment for sustainable development, with big gains expected for Sub-Saharan Africa.

Feyisayo Ajayi Feyisayo Ajayi