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Finance

IMF team finds talks with Mozambican authorities “constructive and fruitful

May 8, 2023 Steven Addamah 0

The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]

Mozambique: Dividends distributed by Hidroelétrica de Cahora Bassa increase 11.6%

May 5, 2023 Geraldine Boechat 0

The dividends distributed to shareholders by Hidroeléctrica de Cahora Bassa (HCB) increased 11.6% over the last year, according to figures announced Thursday by the Mozambican […]

EU and Guinea-Bissau sign two financing agreements worth 38 ME

May 5, 2023 Steven Addamah 0

The European Union (EU) and Guinea-Bissau on Thursday signed two financing agreements in the education and urban development sectors worth €38 million. “This amount is […]

Morocco’s progress, prosperity cannot be conceived separately from Arab & African brothers – King

April 29, 2023 Khalid Al Mouahidi 0

Morocco’s progress and prosperity cannot be conceived separately from those of Arab and African countries, the Kingdom being member of the Arab, Islamic and African […]

Xlinks: Two Firms Pledge to Inject over $ 37 Mln in Morocco-UK Power Project

April 27, 2023 Khalid Al Mouahidi 0

Emirati Taqa firm and British Octopus energy group will invest respectively £ 25 million and £ 5 million the world’s longest undersea cable expected to […]

ExxonMobil contributes $41 million to fight against malaria in Angola

April 25, 2023 Khalid Al Mouahidi 0

ExxonMobil has contributed $41 million (37.4 million euros) over the last 20 years to the fight against malaria in Angola, the leading cause of death […]

AfDB, Dutch ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa

April 24, 2023 Khalid Al Mouahidi 0

The African Development Bank and ILX Management B.V. (ILX) signed Sunday a partnership agreement to scale up investments and spur institutional investor capital mobilization for […]

World Bank to provide Cape Verde with $15 Million to buy boats

April 24, 2023 Khalid Al Mouahidi 0

Cape Verde announced a World Bank’s guarantee of $15 million (13.6 million euros) in long-term financing with a five/seven years grace period amortizable over the […]

CAR claims World Bank, IMF refuse support over ties with Russia

April 19, 2023 Khalid Al Mouahidi 0

Several officials from the Central African Republic (CAR) have condemned the World Bank and the International Monetary Fund (IMF) for denying support to the poor […]

SAfrica: New delay in the Zuma/Thales trial

April 18, 2023 Khalid Al Mouahidi 0

The corruption trial of former South African President Jacob Zuma, who is accused of taking bribes from the French defense group Thales more than 20 […]

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