Day: March 25, 2025

Venezuela

President Donald Trump has threatened to impose 25% “secondary tariffs” on countries that purchase oil from Venezuela, aiming to block its oil trade with other

Somalia

Somalia officially became the 53rd member of the African Export-Import Bank (Afreximbank), with the aim of boosting intra-African trade and economic growth. Somalia’s membership is

Senegal

The IMF aims to finalize a new aid program for Senegal “as soon as possible” after suspending its USD 1.8 bln credit line in October

Namibia

Namibia’s President Netumbo Nandi-Ndaitwah appointed a new deputy and streamlined the cabinet to 14 ministries from 21. The new government has consolidated key ministries, including

Morocco

Moody’s affirmed Morocco’s credit rating at Ba1, noting a balance of strengths and challenges. Morocco has effective policies and a strong domestic financing base, but

United Arab Emirates

Kenya’s failure to meet IMF targets may delay external financing, including USD 800 mln from the World Bank and USD 1.5 bln from the UAE

Egypt

Egypt and the IFC signed an agreement to expand private investment in airports and improve service quality. The agreement aims to develop a strategic framework

Angola

Angola raised diesel prices by 50%, the second increase this year, following IMF recommendations to remove fuel subsidies. While the government can now increase spending

Serbia

Serbian President Vucic has said there are three to four potential candidates to be the next Prime Minister, following the formal resignation of PM Vucevic

Philippines

ING is increasing its investment in renewable energy and sustainable digital infrastructure in the Philippines, driven by the country’s economic stability and demand for green

Indonesia

Bank Indonesia (BI) is intervening in FX spot, domestic NDF, and bond markets to stabilize the rupiah, which fell to its lowest level since the

China

China’s central bank, PBoC, announced changes to its medium-term loan sales, using fixed-quantity, interest-rate, and multiple-price bidding to improve liquidity and meet differentiated funding needs.