Niger government has unlocked access to an additional loan from the International Monetary Fund (IMF) following a staff-level agreement on the ninth review of the country’s economic program supported by the Extended Credit Facility.

WHO Chief Urges Uganda to Reconsider Congo Border Closure Over Ebola The Director-General of the…

The South African Rand climbed ahead of the country’s gross domestic product (GDP) data scheduled for release on Tuesday, as the debt office planned to auction local bonds.a

The Executive Board of the International Monetary Fund (IMF) has announced the approval of Rwanda’s request for a 38-month arrangement under the Extended Credit Facility (ECF) with access to SDR 185.031 million (115.5 per cent of quota) and authorised an immediate disbursement of SDR 26.433 million (about US$35.7 million).

The South African rand is trading flat against crosses on Monday as a surprise US May jobs report fueled a broad dollar rally and crushed emerging-market currencies.

Fitch Ratings has upgraded South Africa’s Long-Term Issuer Default Ratings (IDRs) to ‘BB’ from ‘BB-‘ with an outlook accorded as stable.