Tunisia to get UN-backed $100m financing package to support youth projects
Tunisia is set to receive a financing package of $100 million to be used to support employment and youth projects, the UN Resident Coordinator in […]
Finance
Angolan financial system to be subject to joint internal supervision from October
The Angolan Council of Financial System Supervisors (CSSF) and its partners, the insurance supervisory agency and the Capital Market Commission (CMC), will carry out joint […]
Guinea-Bissau asks the European Union for more support to fight poverty
Guinea-Bissau’s Minister of Economy and Finance, Suleimane Seide, called Wednesday August 30, for more support from the European Union (EU) for the African country to […]
Angolan government funds food production with 169 million euros
The Angolan government has made 153 billion kwanzas (169 million euros) available to support food and animal protein production, as part of its measures to […]
IMF has a resident representative in Cape Verde for the first time
The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]
IMF should return to Angola to help with reforms and control the kwanza
The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]
Cape Verde: Central Bank warns of “high level” of non-performing loans
The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]
BMI forecasts Mozambique’s economy growing 6.5% this year and 4.2% in 2024
Consulting firm BMI estimated on Sunday August 20 that Mozambique’s economy will grow by 6.5% this year and 4.2% next year, driven by increased production […]
Angola: Inflation to reach 13% this year – Standard & Poor’s
Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]
External loan disbursements to Mozambique halved in March
Foreign loan disbursements to Mozambique fell to 120 million dollars (110 million euros) in the first quarter 2023, less than half compared to the same […]