While many African countries struggle with high debt burdens to the International Monetary Fund (IMF), some countries have distinguished themselves by managing their debt loads effectively.

Fast-forward to today, and not much is different. There are still numerous African countries heavily indebted to the IMF and by extension at the mercy of some of its policies. SEE ALSO: Top 10 ...

Botswana stands out as the leading African country that has never borrowed from the International Monetary Fund (IMF), maintaining its financial independence through prudent economic management ...

April 16 (Reuters) - PwC shut operations in nine Sub-Saharan African countries last month following a strategic review, the Big Four accounting firm said, in response to a media report that said ...

The International Monetary Fund (IMF) is preparing for a potential wave of funding support requests from African nations as the economic impact of U.S. President Donald Trump’s sweeping tariffs begins ...

Some countries shy away from borrowing from the International Monetary Fund (IMF) due to the conditionalities attached to its loans. Compared to the World Bank Group, Nigeria’s debt to the IMF remains ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The African Continental Free Trade Area (AfCFTA), initiated by the African Union in 2012, aims to create the world's ...

This, in turn, can lead to increased budget deficits, currency depreciation, and heightened debt burdens. For many African countries, the IMF represents a vital lifeline during times of economic ...

PricewaterhouseCoopers has withdrawn from nine Sub-Saharan African countries as part of a strategic review, the Big Four accounting firm confirmed, amid reports that it had exited a wider set of ...

On 2 April 2025, U.S. President Donald Trump announced the ‘Liberation Day’ tariffs, imposing trade measures on partners across the globe. The policy included a baseline 10% tariff on all imports, ...

1 Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 2 Percentages of total votes (5,041,052) in the General Department ...

While the Nigerian Naira has faced significant depreciation in recent years due to inflation, foreign exchange shortages, and economic instability, several African countries have managed to maintain ...