Credit to the Mozambican economy grows in July to 4,209 ME
Credit from Mozambican banks to the economy has increased by 4% since the beginning of the year, ending July at 288,235 million meticais (4,209 million […]
Finance
AfDB announces $1 Billion to Boost Access to Climate Finance
African Development Bank President Akinwumi Adesina has announced a new $1 billion facility to accelerate climate financing for Africa’s youth businesses. The additional financing will […]
Mozambique: Central Bank Governor says country accumulated high debt without saving
The governor of the Bank of Mozambique (BdM), Rogério Zandamela, said that the country had accumulated a “high” public debt without having saved “enough” to […]
Germany commits N$1.3 billion to sustainable urban development projects in Namibia
The German Federal Ministry for Economic Co-operation and Development has committed to provide approximately N$1.03 billion for projects related to sustainable urban development, vocational training, […]
Angola: National Bank fines three banks 142 thousand euros
The National Bank of Angola has imposed fines totaling 126 million kwanzas (142,000 euros) on Banco Millennium Atlântico, Banco Angolano de Investimentos (BAI) and Banco […]
UN Emergency Response Fund releases another €6 Million to Mozambique
The United Nations Emergency Response Fund (CERF) has released another 6.5 million dollars (six million euros) for humanitarian aid to Mozambique, the Agency announced on […]
Family farming leads production in Angola with 91.5% of farms
Family farming comprises 91.5% of farms in Angola, 66% of which are still run using hoes and manual means, the rest being run by entrepreneurs, […]
Tunisia to get UN-backed $100m financing package to support youth projects
Tunisia is set to receive a financing package of $100 million to be used to support employment and youth projects, the UN Resident Coordinator in […]
Angolan financial system to be subject to joint internal supervision from October
The Angolan Council of Financial System Supervisors (CSSF) and its partners, the insurance supervisory agency and the Capital Market Commission (CMC), will carry out joint […]
Guinea-Bissau asks the European Union for more support to fight poverty
Guinea-Bissau’s Minister of Economy and Finance, Suleimane Seide, called Wednesday August 30, for more support from the European Union (EU) for the African country to […]