Angolan Minister rejects external pressure to reduce fuel subsidy
The Angolan Finance Minister on Thursday rejected any external pressure to reduce the subsidy on fuel, a measure that the International Monetary Fund (IMF) had […]
Finance
Only 200 São Tomense companies able to start charging VAT
Only 200 of the 380 companies identified in Sao Tome and Principe can start collecting VAT this Thursday, the director of taxes told media, which […]
IMF plans to approve 2nd review and financial disbursement to Guinea-Bissau in August
The International Monetary Fund (IMF) expects to approve at the end of August the second evaluation of the support program to Guinea-Bissau, with the disbursement […]
Cape Verde needs to invest 520 ME by 2030 to make the energy transition
The Cape Verdean Prime Minister, Ulisses Correia e Silva, estimated the need to invest 520 million euros to achieve the goals of energy transition by […]
IMF agrees $1 billion loan to cash-strapped Kenya
The International Monetary Fund (IMF) announced on Tuesday that it had reached an agreement for a $1 billion (927 billion euros) loan for Kenya, an […]
San Tomean Government wants to reduce dependence of more than 80% on foreign aid for Budget
The Sao Tomean Government wants to reduce the dependence of more than 80% on foreign aid to finance the public investment included in the General […]
BNA makes available a bond portfolio worth US$ 350 million at a rate of 5.90%
The National Bank of Angola (BNA) placed on the market Treasury Bonds worth US$350 million, to be purchased in kwanzas, with an annual interest rate […]
Cape Verdean economy grew by 6.9% in 2019
The Cape Verdean economy grew by 6.9% in 2019, above the initial estimate of 5.7%, according to the final national accounts report for that year, […]
Angola needs 926 Billion Euros to implement strategy for the next 27 years
Angola needs one billion dollars (926 billion euros) to implement its Long Term Strategy for the next 27 years (ELP-Angola 2050), announced the Minister of […]
National Bank of Angola warns about illegal activity of micro-credit company Estev Edmar
The National Bank of Angola (BNA) warned on Thursday the existence of a micro-credit company, Estev Edmar, not qualified for the exercise of financial activities, […]