The African Development Bank Group (AfDB) has formally welcomed its newly appointed Country Manager for Sierra Leone, Andoh Obed Mensah, following the presentation of his Letters of Credence in Freetown.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced her intention to appoint Zeine Zeidane as Director of the IMF’s African Department, succeeding Abebe Aemro Selassie, who is set to retire from the Fund on May 1.

The International Monetary Fund (IMF) has urged South Africa (SA) to strengthen its fiscal framework to restore credibility and put public debt on a firm downward path, warning that rising debt levels risk crowding out essential social and development spending.