Scoop: Kenyan crypto players mount lobbying push against asset tax
A coalition of VASPs is mobilizing to lobby against the proposed tax law, seeking support from global tax experts to bolster its efforts.
International Monetary Fund
IMF reaches staff-level agreement to disburse over $200 million to Senegal
The financial arrangement is set to last 36 months under the Extended Fund Facility and Extended Credit Facility of over $1.5 billion.
IMF set to decide on Zambia's extended credit facility
Upon board approval for the first review of the ECF arrangement, Zambia is expected to receive $188 million from the IMF.
Ghana’s economy shows signs of improvement, but debt restructuring is crucial — IMF
The global lender reiterated that the country needs to restructure its debt profile to fully enjoy the benefits of the IMF’s bailout.
Sub-Saharan African currencies have plunged 8% in one year amidst soaring public debts and global uncertainties: IMF
The depreciation has contributed to rising inflation in the region. Notably, inflationary pressures do not decline when local currencies strengthen against the US dollar, IMF says.
Ghana secures approval for $3 billion IMF loan facility
This comes weeks after Ghana met IMF’s condition of finalizing a zero-finance agreement with the Bank of Ghana.