Africa: Growth in Sub-Saharan Africa Is Diverging

Stagnating incomes in sub-Saharan Africa's resource-intensive economies necessitate more effective fiscal management and broad-based structural reforms Read more »

Africa: African Caucus Meeting - African Caucus and the IMF Reaffirm Commitment to Strengthening Africa's Economic Resilience

Mr. Wale Edun, Nigeria's Minister of Finance and Chair of the African Caucus, and Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the… Read more »

Africa: Fostering Africa's Economic Transformation Through Innovative Financing

Director of the African Department, IMF Read more »

Africa: The Evolving Role of Central Banks in Africa

By Abebe Aemro Selassie, Director of the IMF's African Department Read more »

Africa: Transcript of African Department April 2024 Press Briefing

PARTICIPANTS: ABEBE AEMRO SELASSIE - Director, African Department; TATIANA MOSSOT - Senior Communications Officer Read more »

Africa: IMF Executive Board Endorses Reforms to Promote the IMF's Capacity to Support Countries Undertaking Debt Restructurings

The Executive Board of the International Monetary Fund (IMF) endorsed today the recommendations of the IMF staff paper "Policy Reform Proposals to Promote the Fund's Capacity to… Read more »

Africa: IMF Executive Board Initiates Selection Process for the Next Managing Director

The Board Coordinators of the Executive Board of the International Monetary Fund (IMF), Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah, made the following statement today: Read more »

Africa: Taking Steps to Ensure Financial Stability in Sub-Saharan Africa in the Face of Climate Change

Good morning. It is an honor to join you today at the ATI 10th Anniversary Conference. Read more »

Africa: IMF and University of Oxford Launch 'Portwatch' Platform to Monitor and Simulate Trade Disruptions

Washington, DC: The IMF in collaboration with University of Oxford researchers launched a new online portal "PortWatch", a platform to monitor and simulate trade disruptions due to… Read more »

Africa: Transcript - African Finance Minister's Press Conference

PARTICIPANTS: Read more »

Africa: How to Avoid a Debt Crisis in Sub-Saharan Africa

Public debt in the region has risen to levels not seen in decades Read more »

Africa: IMF Managing Director Kristalina Georgieva Urges G20 Leadership to Strengthen the Global Financial Safety Net

International Monetary Fund Managing Director Kristalina Georgieva made the following statement today at the third meeting of the G20 Finance Ministers and Central Bank Governors… Read more »

Africa: Three Uncomfortable Truths for Monetary Policy

Introduction Read more »

Africa: IMF Managing Director Remarks At the Summit for a New Global Financing Pact

Thank you, President Macron, for hosting this Summit and for bringing such incredible energy to these important issues of debt, climate and financing for development. Read more »

Africa: Tackling High Inflation in Emerging Markets

Speech at Annual Conference of the Central Bank of Brazil, Brasilia Read more »

Africa: IMF's Sub-Saharan Africa Regional Economic Outlook The Big Funding Squeeze

Growth in sub-Saharan Africa (SSA) is expected to slow to 3.6 percent as a "big funding squeeze", tied to the drying up of aid and access to private finance, hits the region. This… Read more »

Africa: Transcript of the April 2023 African Department Press Briefing

PARTICIPANTS: ABEBE AEMRO SELASSIE, Director, African Department, International Monetary Fund and TATIANA MOSSOT, Senior Communications Officer, International Monetary Fund Read more »

Africa: African Consultative Group Meeting - Statement By African Caucus Chair and Managing Director of IMF

Mr. Olavo Correia, Cabo Verde's Vice Prime Minister and Minister of Finance and Chair of the African Caucus and Ms. Kristalina Georgieva, Managing Director of the International… Read more »

Africa: Statement From International Monetary Fund Managing Director, COP28 President-Designate, and UN Special Envoy for Climate Action and Finance

Kristalina Georgieva, Managing Director of the International Monetary Fund, Dr. Sultan Al Jaber, COP28 President-Designate, and Mark Carney, UN Special Envoy for Climate Action and… Read more »

Africa: Savings From Oil Revenues Could Help Africa's Producers Manage Price Swings

Buffers insure against volatile crude prices and lower debt risks Read more »