Africa’s Milestone: Securing a Third Seat on the IMF Executive Board

In a landmark move in October 2023, Africa was granted an additional seat on the International Monetary Fund’s (IMF) Executive Board. This elevation enhances Africa’s influence in global economic decision-making. This decision, endorsed by the IMF’s Board of Governors, culminates in prolonged advocacy for increased representation. It introduces a 25th seat specifically for sub-Saharan Africa, […]