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Finance

Mozambique: PM denies financial problems in civil service salary delays

July 24, 2023 Geraldine Boechat 0

The Prime Minister of Mozambique, Adriano Maleane, admitted that about 3,000 state workers are still in arrears with salaries, but assured that the problem is […]

Angola and World Bank sign agreement to implement agricultural insurance in the country

July 21, 2023 Steven Addamah 0

The Angolan government and the International Finance Corporation (IFC) signed a partnership agreement on Thursday for a project to develop agricultural insurance in the country, […]

UN disburses nearly €43 million in cooperation with Guinea-Bissau

July 19, 2023 Geraldine Boechat 0

The UN has disbursed about €43 million in cooperation with Guinea-Bissau in 2022, the United Nations Resident Coordinator in the country, Anthony Ohemeng-Boamah, said on […]

Angola’s currency to fall to 1,000 kwanzas per dollar this year

July 18, 2023 Steven Addamah 0

The BMI consultancy believes that the Angolan currency will continue to depreciate, reaching the end of the year worth around 1,000 kwanzas per dollar, a […]

Kwanza loses 3.6% against the dollar last week and falls 38.8% since January

July 6, 2023 Geraldine Boechat 0

The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]

African Development Bank to triple financial aid to Sao Tome and Principe

July 5, 2023 Geraldine Boechat 0

The African Development Bank plans to increase financial aid to São Tomé and Príncipe to more than 55 million euros over the next three years […]

Cape Verdean economy grew 6.7% in the first quarter

July 3, 2023 Khalid Al Mouahidi 0

The Cape Verdean economy grew 6.7% in the first quarter of the year, which follows the historic growth of 17% in 2022, according to data […]

Cape Verde launches strategy for digital governance with actions budgeted at €60 Million

July 3, 2023 Khalid Al Mouahidi 0

The Cape Verdean government launched a digital governance strategy, with more than 300 actions to be carried out in three years, budgeted at 60 million […]

Angola: Finance Minister reassures civil servants about June salaries

June 30, 2023 Khalid Al Mouahidi 0

Angola’s Finance Minister, Vera Daves de Sousa, says civil servants can rest assured that their June salaries will be paid. Minister Vera Daves de Sousa […]

US MCC announces $500 million in support for Mozambique

June 29, 2023 Khalid Al Mouahidi 0

The board of directors of the Millennium Challenge Corporation (MCC, the U.S. external support agency) on Wednesday June 28 approved a $500 million (€458 million) […]

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