Audio By Carbonatix
The International Monetary Fund has approved immediate debt service relief for 19 African countries for an initial period of six months to enable them to channel financial resources towards dealing with the coronavirus pandemic.
Burkina Faso, Chad, Central African Republic and Mozambique are among the countries that will benefit from this relief.
Others are Benin, Comoros, Democratic Republic of Congo, The Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Niger, Rwanda, SĂŁo TomĂ© and PrĂncipe, Sierra Leone and Togo.
Debt cancellation and relief for African countries are among measures that have been called for by advocacy groups to enable some of the most vulnerable countries in the region cope with the worsening pandemic.
Latest Stories
-
Ecobank calls for wider access and stronger collaboration on agricultural finance
13 minutes -
Agribusinesses need more than loans to reach their full potential – Ecobank
14 minutes -
Green finance must deliver measurable benefits to Ghanaian farmers – Ecobank
19 minutes -
Today’s front pages: Wednesday, September 23, 2026
59 minutes -
Ghanaian pastor, Rev Emmanuel Boakye-Danquah on the run over alleged counterfeit currency syndicate
1 hour -
Give Teshie Desalination to Kasapreko or Accra Brewery
1 hour -
Absa Bank Ghana and IFC announce $50m facility to expand cocoa financing
1 hour -
Ghana’s economic revival: Turning financial stability into economic prosperity
2 hours -
AFCON 2027Q: Black Stars to depart Accra for Bouaké ahead of Ivory Coast clash
2 hours -
Who to allow into your home, who should come into your cyberspace? Trust is becoming unbecoming
2 hours -
At least 11 dead in mass shooting at house party in South Africa
2 hours -
MoMo Fintech Lab attracts close to 1K entries from innovators across, applications end on Sept 30
2 hours -
Black Stars face Ivorian test as injuries force major squad changes
3 hours -
Save Nations Foundation donates learning materials to Nooria Islamic Basic School, calls for more support
3 hours -
From selling food to solving problems: How Esther Owusu Nkwantabisah rethought entrepreneurship
3 hours