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
- Kenya: Adoption of a law on crypto-assets to regulate the sector and attract investments
- Tunisia: 172% increase in cumulative revenues of Tuninvest SICAR by the end of September 2025
- CEMAC: Rush of commercial banks on 1.2 billion USD from BEAC
- Egypt: Faisal Islamic Bank’s profits plunge by 70% at end of September 2025
- Sanlam Morocco positions itself in the wealth management market
- South Sudan launches its first electronic interbank payment system
- Morocco: ACAPS launches digital monitoring of the insurance market
- Togo: new minister Patoki takes office and announces his first challenge
Ethiopia: IMF releases $262.3 million to support economic reforms
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