World News

African presidents and global leaders support bold action on climate change adaptation for Africa

Africa now faces the dual onslaught of climate change – currently estimated at between $7 billion and $15 billion each year – and Covid-19, which has claimed 114,000 lives April 7, 2021/AfDB In a historic and united show of solidarity for a continent that contributes only 5% to global emissions, […]

IMF Ups Nigeria’s 2021 GDP Growth Forecast to 2.5%

April 7, 2021 By Evan Charles InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Tuesday revised upward Nigeria’s growth forecast in 2021 from 1.0 percent projected earlier in January 2021 to 2.5 percent. The global lender, projects a 2.3 percent economic growth for the country in 2022 while for Sub-Saharan […]

Transcript of April 2021 Global Financial Stability Report Press Conference

April 6, 2021/IMF Ms. Elnagar: Good morning and welcome to the press briefing of the Global Financial Stability Report. I am Randa Elnagar of the IMF’s Communications Department. Let me start by introducing our panelists here. We have with us, from the IMF’s Monetary and Capital Markets Department, Tobias Adrian, […]