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Finance

WB Issues Two Sustainable Development Bonds worth € 200 Mln for Morocco’s Central Bank

October 10, 2023 Geraldine Boechat 0

The World Bank announced this Monday the issuance of two Sustainable Development Bonds purchased by Bank Al-Maghrib (Morocco’s Central Bank) for its reserves management. The […]

Africa will have a “stronger voice” within the IMF

October 6, 2023 Pawla Nibramich 0

The Managing Director, Kristalina Georgieva, revealed in an interview on Thursday October 5 that Africa will soon be given a third seat on the Executive […]

Ghana: Sanitation Ministry gets $125m World Bank support for Building capacity of environmental officers

October 5, 2023 Steven Addamah 0

The World Bank has approved $125 million to support a five-year project of the Ministry of Sanitation and Water Resources (MSWR) to build the capacities […]

Cape Verde’s economy grew by 3.4% in the second quarter

October 5, 2023 Geraldine Boechat 0

Cape Verde’s Gross Domestic Product (GDP) grew by 3.4% year-on-year in the second quarter of this year, the National Statistics Institute (INE) announced on Wednesday […]

Mozambique: UBS Group reaches agreement on eve of trial

October 2, 2023 Geraldine Boechat 0

The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]

Angola invested 464,000 euros to help municipalities set budget priorities

September 29, 2023 Geraldine Boechat 0

Márcio Daniel, who closed the ceremony to launch the forum to collect contributions for the preparation of the administrations’ budget for the 2024 General State […]

Ghana Airport Company fined ¢200K for failure to provide access to information

September 28, 2023 Khalid Al Mouahidi 0

The Ghana Airport Company Limited (GACL) has been slapped with ¢200,000 fine by the Right to Information (RTI) Commission for failing to comply with directives […]

Angola and Mozambique are the Portuguese-speaking African countries with the riskiest debt

September 25, 2023 Steven Addamah 0

The director of the emerging markets department at Oxford Economics said Sunday that Angola and Mozambique are the Portuguese-speaking African countries most at risk of […]

Cape Verde: Fuel price increase reverberates on price of imported products imported by 16.2% rise

September 22, 2023 Steven Addamah 0

The prices of products imported by Cape Verde increased by 16.2% in August this year, compared to the same month in 2022, mainly due to […]

Mozambique: Zambezia province to receive $500 million funding from MCC

September 21, 2023 Khalid Al Mouahidi 0

Zambezia, Mozambique’s second most populous province, known for its tea plantations, mangroves and turquoise beaches, will be the focus of a new $500 million project […]

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