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Latest East Africa IMF News

  • South Africa central bank warns of poverty from financial crisis 11 Oct 2008 21:50 GMT
    ... South Africa central bank warns of poverty from financial ... institutions in developed countries," he told the International Monetary Fund annual meeting. The slowdown, and other factors ... international monetary and financial committee of the IMF on behalf of 21 African countries including ...

  • Can India's Dairy Revolution be Repeated in Africa? 11 Oct 2008 20:02 GMT
    ... New multi-donor trust fund to promote direct contact between developing countries to ... fighting poverty First grant linking Indian and African farmers to share knowledge on how to ... President Robert B. Zoellick during the World Bank-IMF Annual Meetings. "In their quest to accelerate ...

  • Commonwealth Finance Ministers Want Meritocracy In Selecting Heads Of IMF And World Bank 11 Oct 2008 11:28 GMT
    ... Ministers Want Meritocracy In Selecting 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 ...

  • 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 ...

  • 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 ...

  • AU Urges the West Not to Cut Aid to Africa 10 Oct 2008 23:31 GMT
    ... Oct 10, 2008 (Voice of America News/ContentWorks via COMTEX) -- The chairperson of ... via COMTEX) -- The chairperson of the African Union, Tanzanian Jakaya Kikwete, urges the world ... heads OXFAM's public relations efforts at the IMF and World Bank. She told VOA reporter ...

  • Behold 2008; the world enters a major new crisis 10 Oct 2008 21:29 GMT
    ... year started off with the upheaval in Kenya, Zimbabwe, and then on to the Russia-Georgia ... spread beyond its origins in America. The International Monetary Fund, in its World Economic Outlook ... America in its “War on Terror”, certain African and Middle Eastern governments have taken the abuse of ...

  • Country Ranked As Emerging Economy By IMF 10 Oct 2008 19:50 GMT
    ... Posted to the web 10 October 2008 Kenya is now among a select ... be rated as emerging markets by the IMF. The stability of these countries along with ... that the very conservative nature of the African banking system should ensure that Kenya and ...

  • Brazilia Summons G-20 for Urgent Meeting on Financial Crisis 10 Oct 2008 18:51 GMT
    ... meeting will be held Saturday at the International Monetary Fund (IMF) headquarters in Washington D.C., ahead of the ... more than 20 members, including Egypt, South Africa and Tanzania from Africa, India, the Philippines ...

  • Kenyan economy braces for minor bruises amid U.S. economic slowdown 10 Oct 2008 12:50 GMT
    ... in a statement sent to Xinhua. The International Monetary Fund (IMF) officials recently visited Kenya on an economic ... The IMF Executive Director in charge of Africa Group One constituency Peter Gakunu, who worked ...

  • Press Release: Africa's Economic Success, Role of Partners to be Showcased in Conference by United Republic of Tanzania and IMF  10 Oct 2008 04:42 GMT
    ... Africa's Economic Success, Role of Partners to be ... Conference by United Republic of Tanzania and IMF For the first time in decades, Africa ...

  • Equity nominated for African Bankers Awards. 10 Oct 2008 04:41 GMT
    ... has been nominated for this year's prestigious African Bankers Awards, 2008 to be held at ... the eve of the World Bank and International Monetary Fund (IMF) annual meetings. The regional spread of participating ...

  • Megaproject loans sought 9 Oct 2008 22:53 GMT
    ... annual meetings of the World Bank and International Monetary Fund to be held in Washington ... new export markets in the Middle East, Africa and Latin America, provide low-cost funding for ...

  • Commonwealth countries propose ways out of crisis 9 Oct 2008 21:07 GMT
    ... ministers also urged the World Bank and International Monetary Fund to put in place measures to shield ... King on Thursday, the ministers indicted the IMF for “sleeping on the job”. “Failure of ... review of outdated policies. They proposed that Africa should get a third position in the ...

  • Analysts at AIG paint a dim economic outlook 9 Oct 2008 21:07 GMT
    ... exchange receipts hard. This comes as the International Monetary Fund (IMF) raised its estimates on global losses from ... said that while Kenya like many other African economies remained largely cushioned from the direct ...


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