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Finance

Family farming leads production in Angola with 91.5% of farms

September 6, 2023 Geraldine Boechat 0

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

September 1, 2023 Geraldine Boechat 0

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

September 1, 2023 Steven Addamah 0

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

August 31, 2023 Geraldine Boechat 0

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 […]

Angolan government funds food production with 169 million euros

August 29, 2023 Geraldine Boechat 0

The Angolan government has made 153 billion kwanzas (169 million euros) available to support food and animal protein production, as part of its measures to […]

IMF has a resident representative in Cape Verde for the first time

August 29, 2023 Steven Addamah 0

The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]

IMF should return to Angola to help with reforms and control the kwanza

August 25, 2023 Geraldine Boechat 0

The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]

Cape Verde: Central Bank warns of “high level” of non-performing loans

August 22, 2023 Geraldine Boechat 0

The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]

BMI forecasts Mozambique’s economy growing 6.5% this year and 4.2% in 2024

August 21, 2023 Khalid Al Mouahidi 0

Consulting firm BMI estimated on Sunday August 20 that Mozambique’s economy will grow by 6.5% this year and 4.2% next year, driven by increased production […]

Angola: Inflation to reach 13% this year – Standard & Poor’s

August 21, 2023 Khalid Al Mouahidi 0

Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]

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