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Finance

San Tomean Government wants to reduce dependence of more than 80% on foreign aid for Budget

May 24, 2023 Steven Addamah 0

The Sao Tomean Government wants to reduce the dependence of more than 80% on foreign aid to finance the public investment included in the General […]

BNA makes available a bond portfolio worth US$ 350 million at a rate of 5.90%

May 24, 2023 Steven Addamah 0

The National Bank of Angola (BNA) placed on the market Treasury Bonds worth US$350 million, to be purchased in kwanzas, with an annual interest rate […]

Cape Verdean economy grew by 6.9% in 2019

May 24, 2023 Geraldine Boechat 0

The Cape Verdean economy grew by 6.9% in 2019, above the initial estimate of 5.7%, according to the final national accounts report for that year, […]

Angola needs 926 Billion Euros to implement strategy for the next 27 years

May 23, 2023 Geraldine Boechat 0

Angola needs one billion dollars (926 billion euros) to implement its Long Term Strategy for the next 27 years (ELP-Angola 2050), announced the Minister of […]

National Bank of Angola warns about illegal activity of micro-credit company Estev Edmar

May 19, 2023 Geraldine Boechat 0

The National Bank of Angola (BNA) warned on Thursday the existence of a micro-credit company, Estev Edmar, not qualified for the exercise of financial activities, […]

Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019

May 18, 2023 Steven Addamah 0

The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]

China, India leading foreign investors in Rwanda

May 17, 2023 Khalid Al Mouahidi 0

China and India lead foreign investors in Rwanda in 2022, the country’s Development Board (RDB) said in an annual report. The report explains that Rwanda […]

AU-PSC: Morocco calls for sustainable, flexible funding for peace support operations

May 13, 2023 Khalid Al Mouahidi 0

Morocco has called for predictable, sustainable, and flexible funding for peace support operations in Africa. The call was launched by Morocco’s Permanent Representative to the […]

IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023

May 10, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]

US funding to Mozambique will need 7,8 ME in preparation

May 9, 2023 Steven Addamah 0

The office preparing the new financing program for Mozambique of the Millennium Challenge Corporation (MCC, US foreign support agency), plans to contract up to $8.6 […]

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