President William Ruto’s government has received a major boost following an update by the International Monetary Fund (IMF) ...

Still, the economic backdrop isn't entirely bleak. The IMF says the world has made considerable progress to rein in inflation ...

The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international ...

Research by the IMF and others shows that African countries significantly benefited from the special drawing rights they received in 2021 to stabilise their economies. And this happened without ...

The reserves now stand at their highest level since the opening week of October 2021, when the cover stood at Sh1.210 ...

However, the transaction still needs to be approved by the IMF Board of Directors ... of 3 % of the Gross Domestic Product (GDP) in 2021, 2.5 % in 2022, 1.9 % in 2023 and 0.9 % in 2024.

From Nairobi to Accra, leaders of countries facing debt strains and public wrath over rising food and fuel prices have turned to the IMF as a last-ditch lender - but say they get little say in the ...

The International Monetary Fund (IMF) has approved a disbursement of Sh78 billion (US$605 million) to assist Kenya in ...

The latest numbers are a sharp turnaround from 2021 when the IMF accurately forecast that Botswana’s economy would grow at ...