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Finance

Guinea-Bissau’s deficit almost ten times higher than agreed with IMF

September 14, 2023 Khalid Al Mouahidi 0

The Government of Guinea-Bissau admitted on Wednesday that it will miss the deficit target agreed with the International Monetary Fund (IMF), with a figure that […]

Cape Verde: World Bank improves rating, praises national policies

September 14, 2023 Khalid Al Mouahidi 0

Cape Verde’s debt management was more effective and included new measures, leading to a positive assessment from the World Bank, 0.8 points above the average […]

European Investment Bank to finance healthcare in Angola with 55.5 ME

September 13, 2023 Khalid Al Mouahidi 0

The European Investment Bank is to provide 54.5 million euros in funding for the Angolan government’s Health Resilience Project (PRS), which focuses on primary care. […]

Credit to the Mozambican economy grows in July to 4,209 ME

September 12, 2023 Steven Addamah 0

Credit from Mozambican banks to the economy has increased by 4% since the beginning of the year, ending July at 288,235 million meticais (4,209 million […]

AfDB announces $1 Billion to Boost Access to Climate Finance

September 11, 2023 Pawla Nibramich 0

African Development Bank President Akinwumi Adesina has announced a new $1 billion facility to accelerate climate financing for Africa’s youth businesses. The additional financing will […]

Mozambique: Central Bank Governor says country accumulated high debt without saving

September 8, 2023 Steven Addamah 0

The governor of the Bank of Mozambique (BdM), Rogério Zandamela, said that the country had accumulated a “high” public debt without having saved “enough” to […]

Germany commits N$1.3 billion to sustainable urban development projects in Namibia

September 7, 2023 Geraldine Boechat 0

The German Federal Ministry for Economic Co-operation and Development has committed to provide approximately N$1.03 billion for projects related to sustainable urban development, vocational training, […]

Angola: National Bank fines three banks 142 thousand euros

September 7, 2023 Steven Addamah 0

The National Bank of Angola has imposed fines totaling 126 million kwanzas (142,000 euros) on Banco Millennium Atlântico, Banco Angolano de Investimentos (BAI) and Banco […]

UN Emergency Response Fund releases another €6 Million to Mozambique

September 7, 2023 Khalid Al Mouahidi 0

The United Nations Emergency Response Fund (CERF) has released another 6.5 million dollars (six million euros) for humanitarian aid to Mozambique, the Agency announced on […]

Family farming leads production in Angola with 91.5% of farms

September 6, 2023 Geraldine Boechat 0

Family farming comprises 91.5% of farms in Angola, 66% of which are still run using hoes and manual means, the rest being run by entrepreneurs, […]

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News

  • Morocco: First Instalment of Financial Aid to Affected Families to Be Paid on October

    October 3, 2023 0
  • Eswatini hails the “free and fair” election of 59 MPs

    October 3, 2023 0
  • IMF releases another 8.1 million dollars to Guinea-Bissau

    October 3, 2023 0
  • Nigeria: Tinubu announces measures to offset rising cost of living

    October 2, 2023 0
  • Benin becomes new frontline against terrorism spreading from Burkina Faso

    October 1, 2023 0

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  • Morocco: First Instalment of Financial Aid to Affected Families to Be Paid on October
  • Eswatini hails the “free and fair” election of 59 MPs
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  • IMF releases another 8.1 million dollars to Guinea-Bissau
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