Mozambique and Qatar finalize investment protection and promotion agreements
The governments of Mozambique and Qatar are working on concluding a package of agreements covering various areas of intervention, including a legal instrument aimed at […]
Business
Nigeria Raises Fuel Prices as Dangote Refinery Begins Operations
On Monday, Nigeria’s state oil company, NNPC Ltd, raised petrol prices by 11%, marking the second price hike in two weeks. This increase came shortly […]
Mozambique has injected 52.2 ME to rescue two public aviation companies since 2020
The Mozambican government injected 3.7 billion meticais (€52.2 million) from 2020 to 2023 to financially rescue two public aviation companies, Aeroportos de Moçambique (ADM) and […]
Angola’s diamond reserves estimated at over 700 million carats
Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]
Unemployment in Angola improved 0.2 points in the second quarter to 32.3%
The unemployment rate in Angola in the second quarter of this year was 32.3%, an improvement of 0.2 percentage points on the same period last […]
Cape Verde launches state airline for inter-island flights
On September 7, the Cape Verdean Government announced the establishment of Linhas Aéreas de Cabo Verde, a new state-owned airline dedicated to inter-island flights. This […]
Nigeria: NNPCL delivered crude oil to Dangote refinery amidst a severe fuel shortage
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it has already supplied 30 million barrels of crude oil to the Dangote refinery amid […]
Egypt accelerates development of medical tourism platform
Egypt is rapidly developing an electronic platform dedicated to medical tourism, according to a recent announcement by Minister of Health and Population, Khaled Abdel Ghaffar. […]
Egypt and Turkey sign 17 MoUs, target $15B trade exchange annually in coming years
Turkish President Recep Tayyip Erdogan highlighted that economic cooperation and trade are central to Egyptian-Turkish relations. At a joint news conference with visiting Egypt’s Abdel […]
Fuel prices down 12.26% in Cape Verde in one year
On Sunday September 1, the Multisectoral Regulatory Agency for the Economy (ARME) announced that fuel prices in Cape Verde decreased by an average of 5.71% […]