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African economies to rebound in 2024

Africa’s economic activity will likely slow again this year amid taxing headwinds but is expected to recover in 2024, according to the International Monetary Fund’s latest regional outlook. Growth in sub-Saharan Africa’s gross domestic product is forecast to edge down…

Energy price surge: IMF warns governments against subsidies

The International Monetary Fund (IMF) has declared that countries will need to invest more in renewable energy to protect against volatility in oil and gas prices The multilateral credit agency on Wednesday also advised governments against floating subsidies as measures…