Mozambique has successfully repaid its debt to the International Monetary Fund (IMF), settling more than $630 million ahead of schedule, the government confirmed. As of early March, the country still owed over $515 million in Special Drawing Rights (SDRs), but by the end of the month, that liability had been…
The International Monetary Fund (IMF) announced on Wednesday that it has completed two reviews of Egypt’s economic reform programme, along with an additional review under the Resilience and Sustainability Facility (RSF), enabling Cairo to draw approximately $2.3 billion. According to the IMF, Egypt will receive around $2 billion under its…
A new proposal before Parliament could significantly reshape how foreign companies operate in Kenya. The Local Content Bill, 2025 introduced by Laikipia County Woman Representative Jane Kagiri on October 8, 2025 seeks to require international firms to source most of their products locally and ensure Kenyans hold the majority of…