Cape Verde : Year-on-year inflation accelerated to 1.7% in October
In October 2024, Cape Verde’s inflation rate stood at 1.0%, according to data released by the National Statistics Institute (INE) on November 16. The Consumer […]
Finance
Angola saves $48.5 million with new IMF surcharge policy
Angola is projected to save approximately $48.5 million in payments to the IMF (International Monetary Fund) in the upcoming fiscal year, thanks to the implementation […]
Angola: UNITA declares opposition to 2025 budget
On November 14, UNITA, Angola’s largest opposition party, announced its decision to oppose the proposed 2025 State Budget, arguing it neglects the needs of the […]
Angolan economy grew 4.1% on average in the first two quarters
Angola’s GDP grew by an average of 4.1% over the first two quarters of 2024, the Government announced on Thursday November 14, while also committing […]
Morocco gets IMF $415 mln climate resilience loan
The Executive Board of the International Monetary Fund (IMF) approved a financing of 415 million dollars under Morocco’s Resilience and Sustainability Facility (RSF). The loan […]
Niger finalizes agreement with IMF for $43 million disbursement
Recognizing the positive performance of Niger’s economy, an IMF delegation in Niamey reached an agreement with the ruling military Government on November 11 to disburse […]
EU Allocates €300,000 to fund collaborative projects with angolan partners
The application period for project funding through the European Union’s Angola initiative will run from November 4, 2024, to February 7, 2025, providing Angolan and […]
Saudi Arabia to provide $41 billion in financing to sub-Saharan African countries
Saudi Arabia has committed $41 billion in financing over the next decade to support sub-Saharan African countries, with $25 billion earmarked for foreign direct investments […]
Nigerian Fintech Moniepoint Secures $110 Million Investment Led by Google
Moniepoint, a Nigerian fintech company, has raised $110 million in new funding, with Google’s Africa Investment Fund among the investors. The company, which began operations […]
Tunisia: Solidarity Bank approves over $3 million financing for 33 citizen companies
Since the initiation of the Tunisian Solidarity Program, the Tunisian Solidarity Bank has provided financing for 33 citizen companies throughout Tunisia, representing an investment of […]