Zambia: Rotating power cuts to cope with electricity crisis
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 […]
Business
Cape Verde: State captures 20% of 2023 Budget; will only accept electronic invoices
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
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 […]
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 […]