Kwanza loses 3.6% against the dollar last week and falls 38.8% since January
The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]
Finance
African Development Bank to triple financial aid to Sao Tome and Principe
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
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
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
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
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
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
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
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
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 […]