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Finance

Mozambican central bank fines Caixa’s BCI almost 2 million

December 22, 2023 Geraldine Boechat 0

This year, the Bank of Mozambique imposed a fine of 134.9 million meticais (1.9 million euros) on Caixa Geral de Depósitos’ Banco Comercial e de […]

Morocco’s Central Bank Keeps Interest Rate at 3% & Expects Growth to Reach 3.2 % in 2024

December 20, 2023 Khalid Al Mouahidi 0

Morocco’s central bank has decided to keep its key interest rate unchanged at 3% to ensure the price stability, affirming that it will continue to […]

Angolan stock exchange wants to launch commodities market to finance agriculture

December 20, 2023 Steven Addamah 0

The Angolan Debt and Securities Exchange (Bodiva) is studying the creation of a commodities market to trade agricultural products and help finance this sector, an […]

With 33 million dollars, AfBD finances high-voltage connection in Mozambique

December 6, 2023 Geraldine Boechat 0

The African Development Bank will finance the construction of a 118-kilometer high-voltage electricity transmission line with 33.25 million dollars through a grant, reinforcing the supply […]

The economic crisis at the heart of Ghana’s Presidential election

December 4, 2023 Steven Addamah 0

The economy is emerging as a key issue in the campaign for Ghana’s December 2024 presidential election, at a time when the country is facing […]

Minister of Finance of Guinea-Bissau heard at PGR for payments to 11 businessmen

November 30, 2023 Geraldine Boechat 0

The Minister of Economy and Finance of Guinea-Bissau will be heard at the Attorney General’s Office on Monday December 6 to clarify the payment of […]

Kenya: High Court declares part of disputed Finance Bill 2023 unconstitutional

November 29, 2023 Steven Addamah 0

On November 28, the High Court of Justice in Nairobi declared part of Kenya’s Finance Bill 2023 unconstitutional. In particular, the Court ruled that the […]

Kenya: controversy over funds announced to prevent the consequences of the El Niño climate phenomenon

November 24, 2023 Steven Addamah 0

In Kenya, the question of funds allocated to El Niño prevention is causing controversy. For the past ten days, the country has been suffering from […]

Direct contracting in Mozambique increased by more than 4.5 thousand ME

November 21, 2023 Geraldine Boechat 0

The Centre for Public Integrity (CIP), a Mozambican non-governmental organization (NGO), estimates the additional cost of direct state contracting in an election year at 318 […]

Angola: The government reintroduces 10% tax on foreign exchange transactions

November 20, 2023 Steven Addamah 0

The Angolan government will reintroduce a 10 percent tax on foreign exchange transactions carried out abroad, in the context of contracting services, according to the […]

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