Angolan President João Lourenço announced on October 15 that Angola has formally requested the return of an additional $1.9 billion from countries including Portugal, Bermuda, […]
The Angolan banking sector remained resilient in the second quarter of 2024 despite facing challenges such as exposure to sovereign risk, increased credit risk, and […]
The Bank of Mozambique has appointed resident inspectors to oversee the operations of Banco Comercial e de Investimentos (BCI) and Standard Bank, ensuring that all […]
This week, Mozambique secured 5.727 billion meticais (around 82 million euros) through an internal stock market issuance of Treasury Bonds with a five-year term, according […]
Cape Verde’s Gross Domestic Product (GDP) grew by 8.5% in real terms in the second quarter of 2024, according to the National Statistics Institute (INE) […]
Kenya’s government has asked the International Monetary Fund (IMF) to conduct an official assessment of corruption and governance issues, according to sources familiar with the […]
Former Guinea-Bissau Finance Minister Suleimane Seidi was re-arrested on October 2, just months after being released in July while awaiting trial on corruption charges. His […]
Cape Verde’s National Statistics Institute (INE) reported on October 1 that the country’s GDP per capita, representing the total wealth produced per inhabitant in a […]
On October 1, the Bank of Mozambique (BdM) has raised concerns about the increasing pressure from the country’s domestic debt, which has surged by 90.3 […]
Gross credit to Angola’s non-financial sector surged by 25% in August 2023 compared to the same period in 2022, reaching 7.3 trillion kwanzas (€6.9 billion), […]
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