IMF

The IMF approved a $250 million credit facility for Rwanda to support its economy amid global financial strains and Middle East war impacts.

Ghana received a $1.2 billion IMF disbursement after meeting targets despite cocoa revenue decline and Eurobond restructuring delays.

The Central Bank of Nigeria sold $250 million in foreign exchange to banks to support the naira amid IMF calls for faster subsidy reforms.

Ethiopia and Senegal sought IMF and World Bank aid in July 2024 to address debt issues, FX shortages, and support economic growth plans.

Ghana reached a debt restructuring agreement with G20 creditors to restore fiscal stability and access $300 million in international budget support.

The U.S. committed about $164 billion to the IMF by 2023, enhancing its global lending capacity through leveraged donor contributions.

The IMF approved a $266 million funding deal for Liberia to support climate adaptation, pandemic preparedness, and economic resilience.

Egypt received a $1.2 billion IMF tranche after its central bank raised interest rates to 27% to support economic reforms.

The IMF warns Sub-Saharan Africa faces rising inflation and slower growth in 2024 due to global instability and Middle East conflicts.

The IMF downgraded Sub-Saharan Africa's 2026 growth forecast to 3.1% due to inflation and global instability from the Middle East conflict.