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Finance

Mozambique: Opposition Renamo party calls for resignation of the government

January 24, 2023 Khalid Al Mouahidi 0

Renamo, the main opposition party in Mozambique, on Monday called for the resignation of the government, considering that it violated the Constitution with the implementation […]

Angolan financial system to be evaluated in 2024 by multilateral institutions

January 24, 2023 Khalid Al Mouahidi 0

The Angolan financial system will be evaluated, in 2024, by multilateral institutions, as part of the approval of the Strategic Plan of the Council of […]

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 […]

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