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
- Nedbank withdraws from Ecobank TI: QNB and Saham Bank in ambush…
- Gold sector: Burkina Faso strengthens its position with the start of production at the Kiaka mine
- TotalEnergies plans to resume its LNG project in Mozambique
- African Tech: Proparco and Digital Africa launch two new funds to foster tomorrow’s champions
- 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
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