Despite the country’s emerging debt debacle, its substantional gas reserves are cooking.
Dominique Strauss-Kahn, who quit the IMF after being accused of sexually assaulting a maid, has started a new job as an economic adviser.
Egypt will invite an IMF technical team to reopen negotiations on a $4.8-billion loan deal, says a newspaper report.
Greece's international lenders have agreed to give the country two more years to make the cuts demanded of it.
Increased labour unrest in the face of stubborn unemployment levels was a key risk to South Africa's economic outlook according to the IMF.
International Relations Minister Maite Nkoane-Mashabane says South Africa's $2-billion loan to the IMF will help the country gain influence.
Cosatu condemned the news on Tuesday that treasury had donated $2-billion to an IMF "firewall" meant to prevent future financial crises.
An IMF mission hopes to recommend new loan programmes for Malawi following a visit after the country devalued its currency to boost the economy.
Former IMF chief Dominique Strauss-Kahn must face a civil trial over an alleged sexual assault after his last bid to claim diplomatic immunity failed.
One of the biggest risks for the eurozone has to be the lack of a cohesive vision in the financial institutions' various proposals.
African Development Bank president Donald Kaberuka has pledged to provide Malawi with $45-million in order to resuscitate the ailing economy.
Amid weaker than expected data in the US and China, and a flare-up in Europe's debt crisis, markets will be paying close attention to key statistics.
The IMF has issued a call to bickering US politicians, urging them to solve the country's debt problems before the vulnerable economy is tipped over.
Succession is a messy business, with skeletons always popping out, as in the case of former France presidential hopeful Dominique Strauss-Kahn.
Former IMF chief Dominique Strauss-Khan's lawyers say they will challenge an investigation into allegations he participated in pimping in France.
A French judge has charged the former head of the International Monetary Fund Dominique Strauss-Kahn over his alleged links with a prostitution ring.
The head of the OECD has said that the eurozone needs to build "the mother of all firewalls" to prevent the crisis from spreading throughout the bloc.
The deal hammered out by eurozone ministers is by no means the end of the tragedy as Greece's future still looks dismal.
The IMF has warned that Swaziland's fiscal crisis has reached a critical point and there is a high risk that the kingdom will be unable to pay wages.