Commodity slump pushes Africa back into IMF’s embrace
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund (IMF), which has an opportunity to push for reforms and inject transparency into opaque economies. Top of the list is Angola, Africa’s second biggest crude producer and third largest economy, which has not borrowed from the IMF since 2009 and just a few years ago had the Fund all but turning a blind eye to missing-billions.