The International Monetary Fund (IMF) has approved a disbursement of $262.3 million to Ethiopia, following the third review of the program supported by the Extended Credit Facility (ECF). This funding aims to address the country’s urgent needs for balance of payments and budget financing, according to a statement released on Wednesday, July 2. In its…...
Trending
- Kibali Gold declares to have invested over 6 billion USD in DRC
- Kenya Airways concludes codeshare agreement with Qatar Airways
- Ethiopia: IMF releases $262.3 million to support economic reforms
- SanlamAllianz gets regulator’s approval to operate in Nigeria
- Cameroon: Public Treasury raises 351 million USD from Afreximbank
- Egypt: Orascom Investment to acquire all shares of Misr Entertainment Investments
- Rating: Bloomfield Investment maintains Fidelis Finance Burkina Faso’s long and short term ratings unchanged
- EBID board of directors approves investment of EUR 174 million and USD 125 million to boost trade, strengthen infrastructure, and support social development in West Africa