Cape Verde’s Parliament unanimously approves the creation of digital banks
The Cape Verdean parliament approved in generality and unanimously of the deputies present, the establishment of digital banks and its financial activity in the national […]
Finance
Egypt loosens citizenship rules to lure more investments
The Egyptian government has untightened its citizenship by investment program as it brought down the minimum investment required to get an Egyptian passport to $300,000 […]
First Cape Verdean issue of “blue bonds” placed 3.17 ME
The first issue of “blue bonds” in Cabo Verde, made via a public offering on the stock exchange, yielded the maximum amount expected, of 3.17 […]
European Investment Bank part-finances road connecting Guinea-Bissau and Senegal
The European Investment Bank (EIB) and Guinea-Bissau have signed an agreement that will finance part of the road linking Safim, in the east of the […]
Angola prepares a real estate investment fund to manage repossessed assets
Angola is preparing to create a real estate investment fund, of US$5 billion, to manage assets received in the fight against corruption, the Finance minister […]
IMF: Morocco Seeks $5 Bln Flexible Credit Line
The International Monetary Fund (IMF) Executive Board held on Tuesday an informal meeting to discuss Morocco’s request of $5 billion flexible credit line (FCL) arrangement […]
Global Fund allocates $4.7 million to Cape Verde by 2025
The Global Fund has allocated 4.7 million dollars (4.4 million euros) to finance until 2025, namely programs to fight HIV/AIDS, tuberculosis and malaria in Cape […]
Nigeria: Supreme Court extends validity of old naira bills
The Supreme Court on Friday extended the validity of old banknotes in Nigeria, invalidating a government directive that has been causing a severe cash shortage […]
Cape Verde’s trade balance deficit worsens in January
The Cape Verdean trade balance was negative by 71 million euros in January, a worsening of more than 50% compared to the same month in […]
Angola: government requests USD250 M from the World Bank to strengthen the management of municipalities
The Angolan President has authorized a $250 million (234 million euros) financing agreement with the World Bank to support the transfer of fiscal powers to […]