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IMF Says Ghana’s $3b Programme is on Track And no Need For Extension

  • April 28, 2025

Ghana’s $3 billion International Monetary Fund (IMF) loan-supported programme will proceed without extension if the country follows the planned implementation, Mr. Stéphane Roudet, IMF Mission Chief for Ghana, has said. He made this statement during a roundtable discussion with Ghanaian journalists on the sidelines of the recently concluded 2025 IMF/World Bank Group Spring Meetings in […]

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Zelenskyy Cuts Short Visit to South Africa After Deadly Russian Strike on Kyiv

  • April 25, 2025

Ukraine’s president Volodymyr Zelenskyy said Thursday there was no pressure on Russia to move forward towards a deal that would provide lasting peace in Ukraine. “I do not see pressure on Russia now and new sanctions packages against the aggression of the Russian Federation,” Zelenskyy said, speaking in Pretoria alongside South African president Cyril Ramaphosa. […]

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IMF to Ghana, African Nations: Tighten Fiscal Policies as Global Risks Rise

  • April 25, 2025

The International Monetary Fund (IMF) has called on Ghana and other African economies to reinforce fiscal discipline and deepen structural reforms as global headwinds threaten growth. Speaking at a press conference during the IMF-World Bank Spring Meetings, Managing Director Kristalina Georgieva warned that while Africa’s long-term prospects remain strong, immediate policy tightening is needed to […]

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IMF Calls For Public Support Amid Debt Reform Measures

  • April 24, 2025

The International Monetary Fund (IMF) has urged Ghana and other nations implementing debt reforms to build public acceptance of energy subsidies and pension adjustments. The Fund noted that such reforms, despite their long-term benefits, often faced resistance from the public, civil society organisations, labour unions, and opposition groups. It recommended effective communication and stakeholder engagement, […]

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President Ruto Signs $950M Deal in China, Strengthens Kenya-China Ties

  • April 24, 2025

Kenyan President William Ruto has signed a $1 billion agreement with China as part of a five-day state visit aimed at deepening the strategic partnership between Nairobi and Beijing. The deal, announced Wednesday, focuses on accelerating key development projects under Kenya’s Bottom-Up Economic Transformation Agenda (BETA), including major investments in manufacturing, agriculture, and tourism. Ruto […]

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Germany Must Alter Agricultural Cooperation Model For Africa – Experts 

  • April 24, 2025

Germany has been urged to reconsider its agricultural cooperation model for Africa and prioritise food sovereignty and agroecological practices.   Africa’s reliance on external inputs had made smallholder farmers vulnerable, a policy brief, jointly authored by Power Shift Africa, Kenyan climate and development policy think tank, and Germanwatch, a German environmental and human rights organisation, said […]

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ECOWAS Advocates Reforms to Improve Intra-Regional Trade

  • April 24, 2025

Dr Oumar Alien Touray, the President of ECOWAS Commission, has bemoaned the low intra-regional trade, with trading hovering around 12 per cent among the West African member states. He, therefore, called for urgent reforms to dismantle non-tariff barriers, improve infrastructure, and boost productivity across member states to help attain the vision of the founding fathers. […]