President Bola Tinubu has asked the Senate for approval of a further $7.8 billion and a further €100 million borrowing plan, barely 24 hours after requesting approval of the N2.18 trillion Supplementary budget. The Senate
Ibrahima Sory Sylla, the ambassador of Senegal to China, has criticized the World Bank and the International Monetary Fund (IMF) for their stringent lending policies toward countries in Africa. The ambassador complained about the use
The coronavirus pandemic could set back incomes in sub-Saharan Africa by a decade as weak oil prices, a tourism standstill and business lockdowns shrink the region’s economy 3.2 percent in 2020, an IMF official said