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Finance

Corruption: United Arab Emirates rejects extradition of Gupta brothers to South Africa

April 10, 2023 Khalid Al Mouahidi 0

The South African government announced at the weekend that its request for the extradition of brothers Atul and Rajesh Gupta, at the heart of a […]

Sao Tome and Principe: Government freezes minimum wage increase for civil servants

April 6, 2023 Steven Addamah 0

The Secretary general of the General Workers Union said that he has been informed by the Sao Tomean government that there will be no minimum […]

Portugal increases funding line for Angola to Two Billion Euros

April 6, 2023 Geraldine Boechat 0

The Portuguese government has increased the funding line for Angola from 1.5 billion euros to two billion euros, the Angolan Finance Minister announced on Wednesday. […]

São Tomé’s economy faces “serious challenges, says IMF

April 3, 2023 Steven Addamah 0

The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]

IMF warns S.Africa’s economy risks stagnation

March 25, 2023 Khalid Al Mouahidi 0

South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the International Monetary Fund warned. The […]

Angola recorded a surplus of 10.9 billion euros in 2022

March 24, 2023 Geraldine Boechat 0

Angola recorded in its current account in 2022 a surplus balance of $11.7 billion (10.9 billion euros), equivalent to 11.4 percent of gross domestic product […]

United Nations makes 15,7 ME available to Cape Verde for annual work plan

March 23, 2023 Geraldine Boechat 0

The United Nations will provide $17 million (€15.7 million) to Cape Verde for actions to be carried out this year in the country, according to […]

Filipe Nyusi announces four million dollars in aid for Quelimane

March 17, 2023 Steven Addamah 0

The Mozambican President announced an aid of 250 million meticais (about 4 million dollars) for the reconstruction of schools and other public infrastructures affected by […]

Cape Verde: implementing sustainable development plans requires huge investment

March 16, 2023 Steven Addamah 0

The Cape Verdean Prime minister yesterday indicated public investment, but also private investment, from civil society and international partners are essential to finance the policies […]

Angola’s inflation rate was 11.54% in February, down 15.74 points

March 15, 2023 Steven Addamah 0

The Angolan inflation rate recorded a decrease of 15.74 percentage points in February 2023 compared to the same period in 2022, settling at 11.54%, according […]

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