World News

IMF Executive Board Discusses “2018 Review of Program Design and Conditionality”

21/5/2019/IMF On May 3, 2019, the Executive Board of the International Monetary Fund (IMF) discussed staff papers reviewing the design, conditionality, and performance of IMF-supported programs ongoing during the period September 2011 to end-2017. The review documents consist of a main paper that presents the key findings and recommendations, a […]

South Africa Signs Deal to Explore Highly-Prospective Oil Block B2 in South Sudan

May 6, 2019/South Sudan Ministry of Petroleum South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed to invest $1billion into South Sudan’s energy infrastructure; South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels, […]