Cape Verde’s trade balance deficit worsens by more than 215 ME in three months
The Cape Verdean trade balance was negative by more than 215 million euros in the third quarter of 2022, a worsening of more than 35% […]
Finance
Angola: President authorizes expenditure of 35.2 million Euros for demining services
Angolan President authorized the expenditure of 16.5 billion kwanzas (35.2 million euros) for demining services on access roads and geological and geophysical sampling areas in […]
Angola: Fitch Solutions forecasts kwanza to fall to 470 this year, 499 per dollar in 2023
The consulting company Fitch Solutions foresees that Angola’s national currency will counter the trend of appreciation against the dollar and fall to 470 kwanzas per […]
Cape Verde prepares plan to pay debts of 32 million euros to ECOWAS
Cape Verde’s Deputy Prime Minister Olavo Correia said Wednesday that the government is negotiating a plan to repay a 32 million euro debt to the […]
Cape Verde expects 6.7 ME in budgetary aid from the EU, Portugal and Spain in 2023
The Cape Verdean state budget proposal for 2023 is valued at 77,968 million escudos (709 million euros), but the government expects 6.7 million euros in […]
National Bank of Angola warns about illegal activity of three payment companies
The National Bank of Angola (BNA) yesterday warned three companies that are illegally carrying out financial activities – Elite Service, Kwanza Net and Big Bizness […]
Morocco: Council of Ministers, chaired by King Mohammed VI, adopts 2023 finance bill
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired, on Tuesday at the Royal Palace in Rabat, a Council of Ministers, that was […]
Mozambican government requests international funding for the country’s private sector
Mozambique’s Economy and Finance Minister, Max Tonela, on Monday in Washington called for support from the African Export and Import Bank (Afrixembank) for the country’s […]
Guinea-Bissau gets budget support of five million euros from France
The French government has announced budget support for Guinea-Bissau of five million euros, the Guinean Finance Ministry said in a statement. The announcement was made […]
Bank of Mozambique imposed $3.3M in fines
The Bank of Mozambique imposed fines of 208 million meticais (3.3 million euros) on seven banks, a mobile money finance system and four microfinance operators […]