The deal would provide much needed relief to Pakistan, which has been on the verge of default. The IMF board has yet to confirm the agreement.

Satellite images showed a decrease of 33.6% in deforestation in the Brazilian Amazon. However, the area cleared during the first half of 2023 is still greater than the size of Luxembourg.

Police used teargas to disperse protests in the Nairobi and Mombasa. Kenyan opposition have called for the protests to condemn new taxes amid a severe cost-of-living crisis.

A man is shot dead as opposition-led protests turn violent in Kenya, all in response to President William Ruto's new nationwide tax hikes. We also head to the Tunisian town of Sfax, where conditions are worsening and help is absent as migrants and locals clash amidst accusations of racism. Finally, there's a new crime plaguing the streets of South Africa, where kidnapping numbers have soared in a country already gripped by a security crisis.

African currencies have lost ground against the US dollar this year, further driving inflation in the import-reliant region. Depleting dollar reserves have left policymakers with limited options to arrest the decline.

The protests are backed by opposition leader Raila Odinga, with more demos expected next week. Hundreds have been arrested and several were killed, as the UN expresses concern about the use of force by authorities.

Leaders from the EU want a "strategic" pact with Tunisian President Kais Saied to stem the flow of migration to Europe. Last month, Brussels pledged more aid to the North African country.

Kenya is bracing for three days of protests this week. The demonstrations are being organised by opposition leader Raila Odinga, who accuses the government of failing to control a cost of living crisis. Also, as the conflict rages in Sudan, we look at the economic impact of the war on neighbouring Central African Republic, where many are dependant on supplies from across the border. Finally, we are heading to Kigali, Rwanda, where the 6th 'Women Deliver' conference is being held.

The interest rate was increased to an anticipated 5.25%, the bank's 14th hike in a row. The bank is expected to continue with its policy of hiking the interest rate in the next months to combat inflation.

The People's Bank of China announced it was cutting its key one-year interest rate for the second time in three months on Monday, but left its five-year rate unchanged.

The lack of a data release for July comes as China's youth jobless rate surged to a record high in June. By covering up the "bad news," Beijing's intent could be to pacify a disillusioned generation.

Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.