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Finance

African Development Bank to triple financial aid to Sao Tome and Principe

July 5, 2023 Geraldine Boechat 0

The African Development Bank plans to increase financial aid to São Tomé and Príncipe to more than 55 million euros over the next three years […]

Cape Verdean economy grew 6.7% in the first quarter

July 3, 2023 Khalid Al Mouahidi 0

The Cape Verdean economy grew 6.7% in the first quarter of the year, which follows the historic growth of 17% in 2022, according to data […]

Cape Verde launches strategy for digital governance with actions budgeted at €60 Million

July 3, 2023 Khalid Al Mouahidi 0

The Cape Verdean government launched a digital governance strategy, with more than 300 actions to be carried out in three years, budgeted at 60 million […]

Angola: Finance Minister reassures civil servants about June salaries

June 30, 2023 Khalid Al Mouahidi 0

Angola’s Finance Minister, Vera Daves de Sousa, says civil servants can rest assured that their June salaries will be paid. Minister Vera Daves de Sousa […]

US MCC announces $500 million in support for Mozambique

June 29, 2023 Khalid Al Mouahidi 0

The board of directors of the Millennium Challenge Corporation (MCC, the U.S. external support agency) on Wednesday June 28 approved a $500 million (€458 million) […]

Kenya’s President signs into law a much-criticized finance bill

June 27, 2023 Steven Addamah 0

Kenyan President William Ruto has signed into law this 26th of June a finance bill that introduces numerous new taxes, the Presidency announced, despite criticism […]

IMF approves new evaluation and disbursement to Cape Verde between compliments and warnings

June 26, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) announced the approval of the second evaluation of the assistance plan to Cape Verde, allowing it to disburse an additional […]

Cape Verde: President promulgates law for banks to lift secrecy of tax debtors

June 17, 2023 Geraldine Boechat 0

The President of Cape Verde has enacted a law that will allow banks to lift bank secrecy, at the request of the tax administration, of […]

Regulator fines Banco Angolano de Investimentos 20 thousand euros

June 16, 2023 Steven Addamah 0

The National Bank of Angola has fined Banco Angolano de Investimentos (BAI) 15 million kwanzas (about 20,000 euros) for violating consumer protection standards for financial […]

Congo launches EU-funded Police station revamping project

June 14, 2023 Khalid Al Mouahidi 0

Congo launched Tuesday Police+program (Support for the professionalization of the police and the creation of model police stations) funded by the European Union (EU). The […]

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