News
Brazil approves restructuring of Mozambique debt following years of default
3+ hour, 29+ min ago (143+ words) The Senate in Brazil has approved the restructuring of a $143 million debt owed by Mozambique, in a move aimed at resolving years of repayment challenges. The debt arrangement follows a series of defaults dating back to 2017, with the situation further…...
Mozambique clears IMF debt
1+ week, 1+ day ago (128+ words) channelafrica. co. za Mozambique clears IMF debt Mozambique has fully settled its debt of more than $514 million to the International Monetary Fund (IMF), marking a rare milestone at a time when many countries remain heavily indebted. The repayment comes as…...
Cameroon's economy remains resilient, fiscal slippages, structural weaknesses pose risks: IMF
1+ week, 3+ day ago (296+ words) According to the IMF Executive Board, Cameroon's economy is estimated to have grown by 3. 1% in 2025. Growth was weaker than earlier projections, largely due to election'related disruptions that affected trade, investment and services. Inflation eased to an average of 3. 4% by December…...
Morocco central bank expects stable inflation as holds benchmark rate at 2. 25%
3+ week, 2+ day ago (246+ words) Morocco's central bank kept its benchmark interest rate unchanged at 2. 25% this Tuesday, saying inflation would remain moderate this year despite heightened global economic "uncertainties around conflict in the Gulf. The impact of war in the Middle East would remain "relatively…...
Mauritius becomes first African country to adopt IMF's highest data transparency standard
3+ week, 3+ day ago (329+ words) It is only the 32nd country in the world to reach this level of compliance, marking a major milestone in the country's commitment to high'quality economic data and transparent policymaking. The SDDS Plus is the top tier in the IMF's Data…...
SA recorded positive economic activity in the fourth quarter of 2025
1+ mon, 4+ hour ago (158+ words) Channel Africa SA recorded positive economic activity in the fourth quarter of 2025 The latest Gross Domestic Product data released by Stats SA was largely in line with analysts" expectations. Full-year growth for the economy expanded at a faster pace, growing…...
SA economy expected to grow despite tough year for business
1+ mon, 1+ day ago (148+ words) South Africa's (SA) economic growth is expected to remain positive when Statistics SA releases the country's fourth-quarter gross domestic product (GDP) figures on Tuesday. The data comes after a challenging year for businesses, partly affected by United States trade tariffs....
IMF's Georgieva urges agility, buffers, strong institutions as oil shock tests global resilience
1+ mon, 20+ hour ago (729+ words) Channel Africa IMF's Georgieva urges agility, buffers, strong institutions as oil shock tests global resilience Speaking at Japan's Ministry of Finance symposium in Tokyo on the "Future of the Global Economy amid a Fluid International Economic and Monetary Order," she…...