Africa: All of Africa Today – April 2, 2026

Mozambique Settles IMF Debt, Eyes New Funding

The Mozambican government has fully paid its outstanding debt of U.S. $630,1 million to the International Monetary Fund (IMF). The government has reduced its balance from that amount at the start of the month to zero by the end. Mozambique is the only country in this situation among 85 countries listed. The fact that Mozambique is no longer in arrears to the IMF may help the government’s efforts to obtain further loans from the Fund. The country had…