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Finance

Morocco’s OCP Group Gets €100 Mln Loan from IFC for Solar Power Plants

April 13, 2023 Pawla Nibramich 0

The International Finance Corporation has agreed to provide Morocco’s state-owned OCP phosphate Group a €100 million green loan for building four solar plants to reduce […]

Guinea-Bissau: Calls for transparency on the origin of funds for electoral campaigns

April 12, 2023 Khalid Al Mouahidi 0

The president of the National Cell of Financial Information Processing (Centif) of Guinea-Bissau, Justino de Sá, defended on Tuesday more transparency on the provenance of […]

Cape Verde’s public accounts with deficit of 4,7 ME until February

April 12, 2023 Khalid Al Mouahidi 0

Cabo Verde’s public accounts posted a deficit of 523 million escudos (4.7 million euros) until February, according to budget execution data. According to the document […]

Corruption: United Arab Emirates rejects extradition of Gupta brothers to South Africa

April 10, 2023 Khalid Al Mouahidi 0

The South African government announced at the weekend that its request for the extradition of brothers Atul and Rajesh Gupta, at the heart of a […]

Sao Tome and Principe: Government freezes minimum wage increase for civil servants

April 6, 2023 Steven Addamah 0

The Secretary general of the General Workers Union said that he has been informed by the Sao Tomean government that there will be no minimum […]

Portugal increases funding line for Angola to Two Billion Euros

April 6, 2023 Geraldine Boechat 0

The Portuguese government has increased the funding line for Angola from 1.5 billion euros to two billion euros, the Angolan Finance Minister announced on Wednesday. […]

São Tomé’s economy faces “serious challenges, says IMF

April 3, 2023 Steven Addamah 0

The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]

IMF warns S.Africa’s economy risks stagnation

March 25, 2023 Khalid Al Mouahidi 0

South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the International Monetary Fund warned. The […]

Angola recorded a surplus of 10.9 billion euros in 2022

March 24, 2023 Geraldine Boechat 0

Angola recorded in its current account in 2022 a surplus balance of $11.7 billion (10.9 billion euros), equivalent to 11.4 percent of gross domestic product […]

United Nations makes 15,7 ME available to Cape Verde for annual work plan

March 23, 2023 Geraldine Boechat 0

The United Nations will provide $17 million (€15.7 million) to Cape Verde for actions to be carried out this year in the country, according to […]

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