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
- Telecoms: Mali regains majority stake in SOTELMA, Maroc Telecom confirms new balance
- Juliana Amato Lumumba’s Tribune: “Francophonie must become an economic power”
- Namibia: GIPF mobilizes over 75 million USD to accelerate real estate and urban development
- Gold looted in Gabon: an operation dismantles a Sino-African network and freezes national gold mining
- Central Africa: Why SMEs are kept out of banks
- Morocco: Bank Al-Maghrib maintains course in the face of external tensions
- Africa: Growth reaches 4.5% despite global geopolitical tensions in 2025 (Afreximbank)
- Nigeria: Central Bank reports strong growth in public credit
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