Ghana sinks into severe economic turbulence
Inflation of more than 50%, collapse of the currency, doubling of prices at the pump… Ghana is currently going through a serious economic crisis. With […]
Finance
Angola: State collects €19 billion in tax revenue until September, 70% from the oil sector
The Angolan State has collected until September 2022, 10,300 billion kwanzas (19 billion euros), 70% of which is related to tax revenue from the oil […]
Equatorial Guinea’s Vice President investigated in Brazil for alleged money laundering
Brazil’s Federal Police (PF) announced it is investigating a case of alleged money laundering in which the main suspect is the Vice-President of Equatorial Guinea, […]
Cape Verde, Portugal to sign climate finance agreement in January
The Prime Minister of Cape Verde, Ulisses Correia e Silva announced on Tuesday the visit of his Portuguese counterpart, António Costa, to São Vicente in […]
AfDB’s Development Fund mobilizes record $8.9bn for Africa’s low-income countries
The African Development Fund (ADF) has raised $8.9bn, its highest replenishment in its 50-year history, from international donors to lend and grant funds to low-income […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]
African Exchanges Linkage Project launches an e-platform
The African Exchanges Linkage Project (AELP) has launched an e-platform (The AELP Link), enabling seamless cross-border securities trading among seven African stock exchanges, representing 2,000 […]
Impact of climate change could reduce Angola’s GDP by up to 6% by 2050
The impact of climate change, without mitigation measures, may cause the Angolan economy to shrink between 3 and 6% by 2050, according to a study […]
EU, Mozambique launch €812 M initiative to support youths
The European Union (EU) and the Government of Mozambique have launched an initiative to support the education and emancipation of young Mozambicans, a project worth […]
Angola: BNA abolishes foreign exchange control department, strengthens inspection and monitoring
The National Bank of Angola (BNA) has announced on Tuesday, the termination of its foreign exchange control department and the strengthening of the areas of […]