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Finance

Inflation in Mozambique slows to 8.9% by end of 2023

January 23, 2023 Khalid Al Mouahidi 0

“We anticipate that inflation will gradually slow down to 8.9% by the end of 2023 year-on-year, which will provide room for the Bank of Mozambique […]

Portugal and Cape Verde to sign agreement to convert debt into climate fund

January 20, 2023 Geraldine Boechat 0

Prime Ministers of the two countries will sign an agreement on the 23rd aimed at transforming the debt to be applied in investments to increase […]

Angolan financial institutions sanctioned in 684 thousand euros by the end of 2022

January 20, 2023 Steven Addamah 0

The Angolan central bank concluded 118 sanctioning processes in banking and non-banking financial institutions in the last quarter of 2022, amounting to 372.4 million kwanzas […]

Mozambican Government approves the definitive amounts of the single wage table

January 18, 2023 Geraldine Boechat 0

The Mozambican government on Tuesday approved the definitive remuneration amounts for state employees under the Single Wage Scale (TSU), establishing the value of 8,758 meticais […]

Angola recovered 4.6 thousand ME of assets, 19.4 thousand ME awaiting judicial outcome

January 18, 2023 Geraldine Boechat 0

The Angolan government has already recovered $5 billion (4.6 billion euros) of assets taken illegally from the country while awaiting court decisions on assets worth […]

West Africa’s central bank congratulates Guinea-Bissau’s performance

January 17, 2023 Geraldine Boechat 0

The governor of the Central Bank of West African States (BCEAO), Ivorian Jean Claude Brou Yesterday congratulated Guinea-Bissau’s President Umaro Sissoco Embaló for the country’s […]

EU in Angola funds human rights projects with 850 thousand Euros

January 17, 2023 Geraldine Boechat 0

The European Union (EU) delegation in Angola signed yesterday financing contracts for four projects in the area of human rights, which will receive a total […]

Workers accuse São Tomé Port Authority of misusing 40.7ME from social fund

January 13, 2023 Steven Addamah 0

Workers at the port of São Tomé suspended activities today and accused the new administration of the company managed by the Safebond consortium of misusing […]

Angola cashed in one billion euros in three years with privatizations

January 10, 2023 Geraldine Boechat 0

The Angolan government has collected, since 2019, 567 billion kwanzas (1 billion euros) from the privatization of 96 assets, under the Privatization Programme (Propriv), which […]

Covid-19: Cape Verde spent 8.2 M Euro on response projects until November 2022

January 6, 2023 Geraldine Boechat 0

The Cape Verdean state has spent until November 901 million escudos (8.2 million euros) on projects of direct or indirect response to Covid-19, just over […]

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