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AfDB approves $68 million support package for Madagascar reforms

The African Development Bank (AfDB) has approved a $68 million financing package for Madagascar to support the second phase of its Financial Management and Economic Resilience Support Programme.

Expert calls for a shift in economic models to support Africa’s development

As African countries explore new approaches to economic development, analysts are examining alternatives to traditional growth models, with a focus on equity, sustainability and long-term structural change.

IMF reaches agreement with Burkina Faso on programme review, funding increase

An International Monetary Fund (IMF) team has reached a staff-level agreement with Burkina Faso on the fifth review of the country’s programme under the Extended Credit Facility (ECF), alongside discussions on additional financing and climate-related reforms.

IMF completes review of Seychelles programme, approves $41 million disbursement

The International Monetary Fund (IMF) has completed its Article IV consultation with Seychelles and concluded the fifth and sixth reviews under the Extended Fund Facility (ECF) and Resilience and Sustainability Facility (RSF) arrangements.