On Tuesday in Abidjan, the African Development Bank (AfDB) Group marked its 60th anniversary, celebrating six decades of dedication to Africa’s development, prosperity, and resilience. […]
Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]
On Tuesday September 10, Standard & Poor’s (S&P) warned that Mozambique will face substantial domestic debt repayments over the next two years, totaling around one […]
Kenya’s finance ministry is turning to the public for help in crafting new legislation to boost revenue and address economic challenges. This move comes after […]
China has announced a substantial financial commitment to Africa, promising 360 billion yuan (about $50.7 billion) over the next three years in credit lines and […]
On September 4, Prime Minister Ulisses Correia e Silva announced that China will donate €25.6 million to Cape Verde. The announcement followed a meeting in […]
From April to June, the index for the services sector decreased by 9.7% compared to the previous three months, according to activity indicators. The most […]
In July 2024, surplus reserves in the Angolan banking system dropped by 12.34% to 614.73 billion kwanzas (approximately 606 million euros), primarily due to reliance […]
The United Nations allocated $100 million from its Central Emergency Response Fund (CERF) on Friday to support critically underfunded humanitarian operations in some of the […]
Nigeria’s Aliko Dangote has been bumped from his position as Africa’s richest person, according to the latest Bloomberg Billionaires Index. South African businessman Johann Rupert, […]
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