A veteran economist at the IMF has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown.
African Development Bank president Donald Kaberuka has pledged to provide Malawi with $45-million in order to resuscitate the ailing economy.
The world's major emerging economies on Saturday rejected the tradition that an American is automatically selected to head the World Bank.
A meeting of emerging economies will consider a Brazilian proposal to buy European bonds to help crisis-hit eurozone countries, Pravin Gordhan says.
The famine in the Horn of Africa is a result of the international community's failure to end Somalia's civil war.
An informal survey shows French Finance Minister Christine Lagarde appeared poised to become the head of the IMF this week.
Budget-strapped rich donors will call for a rethink of strategies to make sure their aid funds are not wasted when world leaders meet this week.
The global economic crisis has increased Africa's debts but the deterioration has not yet reached levels that are a concern, an IMF official said.
Improved economic policies in Zimbabwe have led to a "nascent" recovery in the economy, the International Monetary Fund said on Thursday.
The International Monetary Fund said on Wednesday the world economy has fallen into a severe recession, cutting its forecast for global growth.