Tag Archives: IMF

Startup pitches Bitcoin as solution to Zim economic hardship

8 Aug

“Keeping it real, most African economies are still controlled by neocolonialism,” he says. “The West has more to say about African financial markets than the finance ministers of these African countries. World Bank, IMF along with large multinationals don’t fund serious research and development in Africa. So innovations like Bitcoin aren’t a priority to these powerful African influencers. It’s gonna take the local indigenous business persons and farmers to see the value of Bitcoin and overthrow the legacy of the oppressive colonial financial system in Africa.” Continue reading

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IMF Magazine Examines Present and Future of Bitcoin

31 May

In its quarterly, the IMF examines how Bitcoin and its blockchain technology may end up helping banks, despite being created to help avoid them. Continue reading

IMF’s Christine Lagarde to visit Senegal’s readiness ‘for a more diversified economy’

16 Jan
Ms Lagarde (Pic Telegraph UK)

Ms Lagarde (Pic Telegraph UK)

The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, will visit Senegal from January 29-31, 2015 to meet with policymakers and other representatives of society in the country. Continue reading

Ebola outbreak may contribute to 60% crumble of Gambia’s economy despite no reported case

15 Jan

Though The Gambia remains completely free of Ebola, the crisis has caused a deep decline in tourism related activities, the economy’s principal foreign currency earner. A mission from the International Monetary Fund (IMF) led by Bhaswar Mukhopadhyay, visited Banjul from January 8-14, 2015 to assess the effects of this shock to the Gambian economy and explored the possibility of agreeing on a Rapid Credit Facility (RCF) arrangement with the IMF. Continue reading

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