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Africa News
AMF signs MoU with Somalia to restructure debt
The Arab Monetary Fund (AMF) has signed a memorandum of understanding (MoU) with Somalia to restructure debt that…
US bill seeks to block IMF aid to C. African nations
US lawmakers have introduced a bill that could halt International Monetary Fund (IMF) support to Central African…
S. Africa urges new US trade deal after tariffs
South Africa's presidency responded to new US tariffs on Thursday, calling for the negotiation of a new trade deal…
IMF approves $4.5b flexible credit line for Morocco
The International Monetary Fund (IMF) has approved on Wednesday a new two-year, $4.5 billion Flexible Credit Line…
Kenya targets lower debt ratio 2027/28
Kenya plans to cut its debt-to-GDP ratio to 52.8 per cent by 2027/28 from 58.1 per cent, Finance Minister John…
Egypt’s Sisi, Somali president discuss counterterrorism cooperation
Egyptian President Abdel Fattah El Sisi reaffirmed Egypt’s commitment to supporting Somalia’s government and…
Kenya seeks new IMF loan to utilise unused funds
Kenya has applied for a new lending programme from the International Monetary Fund (IMF) to incorporate unused…
Egypt’s Sisi, Eritrea’s FM discuss Horn of Africa stability
Egyptian President Abdel Fattah El-Sisi met with Eritrean Foreign Minister Osman Saleh on Sunday to discuss key…
Egypt condemns deadly terrorist attack on Niger mosque
Egypt has strongly condemned the brutal terrorist attack on a mosque in southwestern Niger, which resulted in…
Egypt ranks 1st in Africa for ADSL internet speed – Ookla report
Egypt ranked first in Africa for fixed broadband speed, achieving a download speed of 84.52 Mbps in February 2025.
