Mozambique: Bank loans to rise 8.4% this year
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 […]
Business
Angolan air navigation union calls for a strike
The National Independent Union of Aeronautical Workers and Airports (SNITAA) declared strike from Wednesday, indefinitely, a strike “unfounded” for the National Air Navigation Company, which […]
Angolan Industrial Production rise 3.8% in Q3 2022
The Angolan Industrial Production Index (IPI), for the third quarter of the year 2022, registered a variation of 3.8% compared to the same period in […]
Kidnapping of businessmen could retract investments in Mozambique
Mozambican businessmen renew their request for energetic action from the Government against kidnapping crime, which they claim is disturbing the business environment in the country. […]
Angola: President João Lourenço orders privatization of majority of SGA “preferentially” for foreigners
A decree signed by the Angolan President, published in the Diário da República, determined the privatization of 51% of Sociedade Gestora de Aeroportos, S.A. The […]
Mozambique’s main Airport needs 2.3 ME to replace centralized cooling system
Maputo International Airport, the country’s main airport, needs $2.5 million (2.3 million euros) to replace its centralized cooling system, an official source said. “The constraint […]
Cape Verde: TACV to start flying to Boston again next year
The Cape Verdean Prime Minister, Ulisses Correia e Silva, announced in the traditional Christmas message, that the TACV airline, renationalized in 2021, will fly again […]
Africa’s remarkable green hydrogen potential worth €1 trillion, EIB study finds
After examining and highlighting the advantages of utilizing solar power to create green hydrogen in four African countries, a new study published by the European […]
Morocco: Mohammed VI University Hospital obtains ISO 9001 V-2015 certification
The Mohammed VI International University Hospital of Bouskoura which is centered on patients and whose services are essentially based on respect for the patients’ rights […]
Mozambique: Public Prosecutor accuses Chinese who defrauded the state of more than $13.5 million
Chinese businessman Jiye Zhou is accused by the Public Ministry of Mozambique of money laundering and tax evasion, causing losses of 862 million meticais (over […]