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Finance

Angola needs 926 Billion Euros to implement strategy for the next 27 years

May 23, 2023 Geraldine Boechat 0

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

May 19, 2023 Geraldine Boechat 0

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, […]

Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019

May 18, 2023 Steven Addamah 0

The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]

China, India leading foreign investors in Rwanda

May 17, 2023 Khalid Al Mouahidi 0

China and India lead foreign investors in Rwanda in 2022, the country’s Development Board (RDB) said in an annual report. The report explains that Rwanda […]

AU-PSC: Morocco calls for sustainable, flexible funding for peace support operations

May 13, 2023 Khalid Al Mouahidi 0

Morocco has called for predictable, sustainable, and flexible funding for peace support operations in Africa. The call was launched by Morocco’s Permanent Representative to the […]

IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023

May 10, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]

US funding to Mozambique will need 7,8 ME in preparation

May 9, 2023 Steven Addamah 0

The office preparing the new financing program for Mozambique of the Millennium Challenge Corporation (MCC, US foreign support agency), plans to contract up to $8.6 […]

IMF team finds talks with Mozambican authorities “constructive and fruitful

May 8, 2023 Steven Addamah 0

The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]

Mozambique: Dividends distributed by Hidroelétrica de Cahora Bassa increase 11.6%

May 5, 2023 Geraldine Boechat 0

The dividends distributed to shareholders by Hidroeléctrica de Cahora Bassa (HCB) increased 11.6% over the last year, according to figures announced Thursday by the Mozambican […]

EU and Guinea-Bissau sign two financing agreements worth 38 ME

May 5, 2023 Steven Addamah 0

The European Union (EU) and Guinea-Bissau on Thursday signed two financing agreements in the education and urban development sectors worth €38 million. “This amount is […]

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  • King Mohammed VI launches Ramadan 1447 Solidarity Operation Saturday in Salé
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