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Latest Africa IMF News

  • U.S. vows to defrost world credit markets 11 Oct 2008 10:52 GMT
    ... ministers of the wider G20, which includes major emerging economies, such as China, South Africa, India and Brazil, at the International Monetary Fund. Flaherty said unified action was the only course, and cautioned against navel-gazing ...

  • TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 BST 11 Oct 2008 10:24 GMT
    ... 15 so far this year. 2008-10-11 06:54:07 2-Africa not yet in path of financial storm -IMF WASHINGTON, Oct 10 (Reuters) - African economies ... funding for projects, even profitable ones, the International Monetary Fund said on Friday. 2008-10-11 06:44:39 WRAPUP 1-Viacom, ...

  • Feature: Global financial crisis and government bailouts 11 Oct 2008 09:50 GMT
    ... our part of the world where the international Monetary Fund (IMF) and the World Bank are the joint kings ... and elsewhere? What happens to all the Nigerian banks in Ghana that have invested in ...

  • TFN NEWS BRIEFING: Oil and utilities highlights to 09:15 BST 11 Oct 2008 09:23 GMT
    ... Corp, the primary contractor, said on Friday. 2-Africa not yet in path of financial storm -IMF WASHINGTON, Oct 10 (Reuters) - African economies ... funding for projects, even profitable ones, the International Monetary Fund said 1-Italy opts against F-35 fighter early ...

  • TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST 11 Oct 2008 09:23 GMT
    ... its partners on Saturday, Economy Minister Giulio 2-Africa not yet in path of financial storm -IMF WASHINGTON, Oct 10 (Reuters) - African economies ... funding for projects, even profitable ones, the International Monetary Fund said ...

  • KENYA: GLOOMY FORECAST FOR ECONOMY 11 Oct 2008 07:30 GMT
    ... weeks after praising Kenya's economic recovery, the International Monetary Fund warned on Wednesday that the country will be among six African states "hit hardest" by the global financial ... its new World Economic Outlook report, the IMF predicts Kenya's economy will grow by 3.3 ...

  • UPDATE 2-Africa not yet in path of financial storm -IMF 11 Oct 2008 06:32 GMT
    ... WASHINGTON, Oct 10 (Reuters) - African economies have so far been only indirectly ... funding for projects, even profitable ones, the International Monetary Fund said on Friday. "The main effects of ... global growth and volatile commodity prices," the IMF's new Director for Africa, Antoinette Sayeh, told ...

  • You can bank on SA 11 Oct 2008 06:32 GMT
    ... Bruce, Mariam Isa and Hilary Joffe South African banks were well equipped to face what ... discussed at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington this weekend. ...

  • Commonwealth Finance Ministers Want Meritocracy In Selling Heads Of IMF And World Bank 11 Oct 2008 06:30 GMT
    ... Ministers Want Meritocracy In Selling Heads Of IMF And World Bank Neville de Silva - ... (Asiantribune.com): With the annual meetings of the International Monetary Fund and the World Bank starting this week ... the creation of a third Chair for Africa at the Executive Board of the World ...

  • Another dark day for global markets as policy interventions fail to reassure 11 Oct 2008 06:30 GMT
    ... The Dow Jones Industrial Average yesterday closed below the ... oil exporters. Countries such as Venezuela, Iran, Nigeria, Saudi Arabia, Libya and Russia will suddenly find the going ...

  • Market crisis hits poor countries: World Bank 11 Oct 2008 06:01 GMT
    ... world. Developing and poor countries in Asia, Africa and Latin America, which are already dealing ... as to feel like a recession". The International Monetary Fund (IMF) said it was ready to make emergency ...

  • Global crisis to impact on Sub-Saharan African economy 11 Oct 2008 05:18 GMT
    ... Global crisis to impact on Sub-Saharan African economy The global financial crisis is expected ... economic progress for the near future. The International Monetary Fund says spikes in global food ...

  • Market crisis hits poor as well 11 Oct 2008 05:17 GMT
    ... beyond the developed world. Poor countries in Africa, Asia and Latin America, which are already ... as to feel like a recession'. The International Monetary Fund said it was ready to ...

  • G7 forms 'aggressive' plan to battle buckled economy 11 Oct 2008 03:31 GMT
    ... ministers of the wider G20, which includes major emerging economies, such as China, South Africa, India and Brazil, at the International Monetary Fund. Flaherty said unified action was the only course, and cautioned against navel-gazing ...

  • Lebanese banks cash in on worldwide turmoil: Deposits are rolling in from spooked investors 11 Oct 2008 03:24 GMT
    ... billion by the end of 2008. The International Monetary Fund has credited the Banque du ... from Lebanese expatriates who are based in Africa and Europe. According to the Association of ...


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