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IMF opens more zero-interest funding to Kenya

Kenya’s access to interest-free resources from the IMF has been bolstered by reforms undertaken by the lender to enhance allocations to members.
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Africa wants IMF funds directed to development banks

AfDB's president Adesina says the strategy can multiply re-channeled Special Drawing Rights (SDR) by at least 3 to 4 times their original values. ....

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Zambia reaches agreement to restructure debt: Paris update

Zambia reached an agreement in principle to restructure $6.3bn in debt with bilateral lenders, a French official said at a summit in Paris on Thursday, setting a precedent for countries struggling to service their liabilities. ....

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Kenya requests for debt forgiveness from IMF

The country wants its plea to be heard at G20 meeting ....

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UK finalises $3.3bn pledge to IMF sustainability trust

The UK has pledged an additional $4bn in funding to two of the International Monetary Fund’s trusts. ....

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