Zambia nears default with bondholders set to refuse relief
File Photo A key bondholder group is set to reject Zambia’s request for an interest-payment holiday, putting the country on course to become the first...
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World Bank-IMF annual meetings in Morocco postponed until 2022
The Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) scheduled to take place in Marrakesh, Morocco, in October 2021 has...
Seychelles opposition wins presidency for first time in 43 years
The Seychelles elected an opposition candidate as president for the first time since 1977, authorities announced on Sunday, and winner Wavel Ramkalawan reaffirmed a pledge...
Mali faces recession after coup
Mali faces mountainous economic and political challenges more than a month after the military coup that toppled president Ibrahim Boubacar Keita, analysts say. Plagued by...
View From the I.M.F. — In a Crisis Like No Other, Gender Still Counts
“Gender equality doesn’t fall from the sky.” — Kristalina Georgieva, managing director of the International Monetary Fund In Her Words is available as a newsletter....
Macron Urges World Leaders to Speed Aid to Lebanon After Explosions
PARIS — President Emmanuel Macron of France called on world leaders to fast-track financial and humanitarian aid to Lebanon on Sunday after explosions last week...
Algeria economy rocked by one-two punch of coronavirus crisis
Currency depreciation, inflation, negative growth, businesses closed: Algeria’s economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues. And...