The International Monetary Fund (IMF) approved a new disbursement of $448.4 million (equivalent to 326.47 million Special Drawing Rights – SDR) in favor of Tanzania on Friday, June 27. This financial support comes under the Extended Credit Facility (ECF) and the second review of the Facility for Resilience and Sustainability (FRS) agreement. According to the…...
Trending
- Egypt: Launch of a Phosphoric Acid Industrial Complex
- Morocco: Economy grows by 4.8% in the first quarter of 2025
- Guinea signs a strategic agreement to unleash its potential in critical minerals
- Tanzania: IMF unlocks over $448 million to support resilience and growth
- Egypt: Economy records a growth of 4.77% between January and March 2025
- Absa Mauritius aims for $664 million in green loans by 2030
- EBRD establishes its African headquarters in Nairobi: a strategic turning point for East Africa
- Congo-Brazzaville: Eni inaugurates a vegetable oil production plant
Tanzania: IMF unlocks over $448 million to support resilience and growth
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com