South Africa was initially hit with a 10% tariff on” Liberation Day” but this was raised to an across the board 30% tariff, with Automotive at 25% and Aluminium at 50%, lately. Taking an export price ...

Starting with the basics, we shall state that Africa remains vulnerable to economic instability, serving as home to eight of ...

President Ramaphosa criticizes the U.S. tariff as based on a disputed trade imbalance. • South Africa says most U.S. goods enter its market duty-free and calls the tariff unjustified. • Talks remain ...

This year has seen a partial recovery in the value of Africa’s biggest companies – but market capitalisations are still a lot lower than they were a decade ago. The fluctuating value of African curren ...

Bank of England Governor Andrew Bailey said on Tuesday the International Monetary Fund had a key role to play in tackling the ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic reform programme and boost growth.

An International Monetary Fund (IMF) team, led by Mr. Mike Li, conducted discussions on the 2025 Article IV Consultation with the Vanuatu authorities and other stakeholders from July 10 to July 23, ...

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn countries in the Middle East.

The World Bank and three development partners—Germany, Sweden, and the United Kingdom—announced today the extension of PROGREEN, a multi-donor trust fund for sustainable and resilient landscapes. The ...

The World Bank has approved $115 million in concessional financing to support Senegal’s efforts to improve public debt sustainability, strengthen public financial management, and increase domestic ...

Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, and Ajay Banga, President of the World Bank Group, sign a partnership agreement to collaborate on the safe, secure ...