The Latest Breaking News from International Monetary Fund

Egypt's local currency is sliding against the U.S. dollar after recent increases in fuel prices and subway fares

Young people have taken to streets in Kenya, Uganda and Nigeria amid cost of living crises and lack of jobs

Kenya's Court of Appeal has declared the government's 2023 finance bill unconstitutional, inflicting a new blow to the government of President William Ruto who withdrew this year's finance bill after deadly protests.

The World Bank has approved a $1.5 billion financial package to support cash-strapped Ethiopia's economic reform programme after officials loosened curbs on the local currency.

Ethiopia's central bank announced on Monday that it was easing curbs on its foreign exchange regime, a move which saw the value of the local currency slide by about 30 percent.

President Wickremesinghe is first candidate to register at the Election Commission as he seeks mandate from voters.

Sri Lanka's upcoming presidential election amid economic crisis and debt restructuring efforts.

Sri Lanka's first presidential elections since an unprecedented economic crisis spurred widespread unrest will be held in September, the election commission said Friday.

Foreign minister Ronald Lamola takes over at critical time amid ICJ case against Israel and ongoing regional conflicts.

“Was the steak and wine as good as I’ve heard?” Undeniably the most common question I’m asked when I return from Argentina. And while my answer is – obviously – yes, the question is asked with good reason. The association with beef and steakhouses (parrillas in Spanish) and world-class malbecs…

With the market hitting near-record highs and some experts warning about potential downturns, now might be the time to consider adding mid-caps to your investment mix. Thus, one could invest in fundamentally sound stocks like Acuity Brands (AYI), PVH Corp. (PVH), and NewMarket Corp. (NEU), which have strong upside potential.…