Uganda and Rwanda are expected to lead economic growth in the East African Community (EAC) in 2026, according to the latest forecast from the International Monetary Fund (IMF). The forecast places Uganda at the top with an estimated 7.5% growth rate, followed closely by Rwanda at 7.2% highlighting the region’s continued resilience despite growing global
The International Monetary Fund (IMF) and the World Bank Group have moved to coordinate a global response as energy prices continue to rise due to the ongoing conflict in the Middle East. In a joint statement released on Wednesday, April 1, 2026, the institutions, alongside the International Energy Agency (IEA), announced the formation of a
President William Ruto has denied claims of a falling out between the government of Kenya and the International Monetary Fund (IMF) regarding financial support. While speaking on March 10, Ruto stated that there was no falling out between Kenya and the IMF, but instead, there was an agreement on the handling of financial support. According