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Business

The privatization of Angola’s airport management company begins in last quarter of 2023

January 19, 2023 Steven Addamah 0

The privatization process of Angola’s Sociedade Gestora de Aeroportos (SGA) will begin in the last quarter of this year, after “consolidating the accounts and the […]

China and Angola pledge to strengthen cooperation in celebration of 40 years of diplomatic relations

January 13, 2023 Steven Addamah 0

The President of China, Xi Jinping, and the President of Angola, João Lourenço, yesterday marked the 40th anniversary of diplomatic relations, highlighting the advantages for […]

Inflation in Cape Verde would exceed 12% with no measures to address the war in Ukraine

January 12, 2023 Khalid Al Mouahidi 0

Cape Verde’s Deputy Prime Minister, Olavo Correia, said yesterday in parliament that inflation in the country could reach 12% if no measures were taken to […]

China’s new foreign minister begins 2023 with first trip to Africa

January 11, 2023 Khalid Al Mouahidi 0

China’s new Foreign Minister Qin Gang is starting his term in office with a weeklong trip to five African countries, following in the footsteps of […]

Angolan industrialists in favor of reducing fuel subsidies

January 9, 2023 Geraldine Boechat 0

The president of the Industrial Association of Angola (AIA) was in favor of withdrawing state subsidies for fuel, considering that it is necessary to correct […]

Mozambican government announces installation of new cashew plant in July

January 6, 2023 Steven Addamah 0

The government of Gaza province in southern Mozambique announced the construction of a new cashew nut processing plant in July, the installation of which is […]

Morocco, EU express shared keenness to deepen dialogue, bolster cooperation

January 5, 2023 Khalid Al Mouahidi 0

Morocco and the European Union (EU) have expressed, Thursday in Rabat, their shared keenness to deepen dialogue and bolster cooperation, within the framework of the […]

Zambia: Rotating power cuts to cope with electricity crisis

January 4, 2023 Khalid Al Mouahidi 0

Zambia has started a rotating power cuts program to cope with the supply deficit caused by the drop in production levels at the country’s thermal […]

Cape Verde: State captures 20% of 2023 Budget; will only accept electronic invoices

January 4, 2023 Khalid Al Mouahidi 0

According to the document approved by the Council of Ministers that defines the rules of budget execution in 2023, 20% of the total budget, financed […]

Mozambique: Bank loans to rise 8.4% this year

January 4, 2023 Khalid Al Mouahidi 0

The consultancy Fitch Solutions deemed that loan in the country is expected to have grown by 5% in 2022, accelerating to 8.4% this year, but […]

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