Cape Verde moves forward with Guarantee Fund to mitigate risks
The Cape Verdean Deputy Prime Minister, Olavo Correia, said that “the conditions are already created” to launch the Guarantee Fund, as a mechanism to “recover […]
Finance
Cape Verde: State captures 20% of 2023 Budget; will only accept electronic invoices
According to the document approved by the Council of Ministers that defines the rules of budget execution in 2023, 20% of the total budget, financed […]
Mozambique: Bank loans to rise 8.4% this year
The consultancy Fitch Solutions deemed that loan in the country is expected to have grown by 5% in 2022, accelerating to 8.4% this year, but […]
Sao Tome and Principe with historic inflation above 24% in 2022
Sao Tome and Principe’s inflation rate in 2022 is expected to be 24%, the highest in 15 years, and the national economy is expected to […]
Cape Verdeans moved more than 48 million euros during Christmas
Cape Verdeans made more than 1.4 million automatic withdrawals and purchases over the Christmas period, moving 48.5 million euros, up 19% compared to the same […]
Kenya moves to regulate crypto assets
Kenya’s joint financial sector regulators forum has recommended the formation of a technical committee to create laws that will regulate crypto assets activities and players, […]
Ghana suspends payment of part of its foreign debt
Ghana announced on Monday the “temporary” suspension of payments on part of its external debt, including Eurobonds, as it seeks to restructure it after an […]
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement to underpin […]
Prices in Cape Verde rise again in November with inflation at 8.0% in one year
Prices in Cape Verde increased 0.7% in November, accelerating compared to October, accumulating a rise of 8.0% in a year, according to data released by […]
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said on Thursday that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement […]