Trending
- Higher fuel prices set to hit inflation-weary South Africans
- M-Mama’s life-saving journey reaches Malawi
- Natural gas, a flame of opportunity for African economies
- Africa shows real promise in green hydrogen
- Forum positions Africa as a hub for trade and investment
- AfDB and ECOWAS take stock of regional integration strategy
- World’s largest submarine cable project 2Africa lands in DRC
- A Safaricom-Apple partnership is on the horizon
Money
Africa’s youth unemployment is one of the many “poly-crises” destabilising many countries and impeding economic recovery following recent disruptions and challenges. According to the just-released International Labor Organization’s (ILO) annual Monitor of the World of Work study, low-income African nations are unlikely to return to pre-pandemic levels of unemployment this year.…
- An IMF team was in Nairobi from May 9 – 22, 2023, for the fifth review of Kenya’s economic program.
- After engagements, Kenya secured a $544.3 million loan from the International Monetary Fund.
- The parties also agreed to extend the duration of the EFF/ECF arrangements by 10 months to April 2025.
Kenya has secured about $544.3 million loan from the International Monetary Fund (IMF) representing 75 percent of the country’s quota. The deal follows staff-level agreement between IMF staff and the Kenyan authorities on economic policies and reforms. It marks conclusion of the fifth reviews of Kenya’s Extended Credit Facility and Extended Fund Facility arrangements.
In the deal, Kenya secured an extension of the program and augmentation of access under those arrangements. The credit is also anchored on a set of reforms under a 20-month Resilience and Sustainability Facility.
Kenya’s economy, the largest in East Africa, has been strained by …
- Ghana, a top gold and cocoa exporter rich in oil and gas deposits, is struggling with a $55 billion debt burden.
- About 70 percent to 100 percent of the government revenue currently goes toward servicing the country’s debt.
- It is estimated that Ghana’s debt-to-GDP will reach 98.7 percent by the end of 2023.
Crisis-saddled Ghana is seeing about $15 billion in external debt relief by 2026, the International Monetary Fund has said even as the country pursues debt restructuring plan with investors. In December 2022, Ghana suspended payments on most of its foreign debts effectively defaulting as policymakers started restructuring plans as part of a bailout deal with the IMF.
Initial plan was an agreement to suspend service payments of its Eurobonds, commercial loans and most bilateral loans. Further, as an interim emergency measure, the government moved to engage its external creditors in what it thought was best in making …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation.
In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken.
“Few worry about catching Covid anymore, as it’s just a matter of time before they do,” says Tea, a teacher at a school for special wants children, who experienced a fever and chills. “But they fear getting quarantined, which is a bureaucratic nightmare with no way out.”
Speaking to The Andrew Jackson Society, he added: “I want to express to the people of Scotland: as you know, we are a country of …
