Filipe Nyusi announces four million dollars in aid for Quelimane
The Mozambican President announced an aid of 250 million meticais (about 4 million dollars) for the reconstruction of schools and other public infrastructures affected by […]
Finance
Cape Verde: implementing sustainable development plans requires huge investment
The Cape Verdean Prime minister yesterday indicated public investment, but also private investment, from civil society and international partners are essential to finance the policies […]
Angola’s inflation rate was 11.54% in February, down 15.74 points
The Angolan inflation rate recorded a decrease of 15.74 percentage points in February 2023 compared to the same period in 2022, settling at 11.54%, according […]
Cape Verde’s Parliament unanimously approves the creation of digital banks
The Cape Verdean parliament approved in generality and unanimously of the deputies present, the establishment of digital banks and its financial activity in the national […]
Egypt loosens citizenship rules to lure more investments
The Egyptian government has untightened its citizenship by investment program as it brought down the minimum investment required to get an Egyptian passport to $300,000 […]
First Cape Verdean issue of “blue bonds” placed 3.17 ME
The first issue of “blue bonds” in Cabo Verde, made via a public offering on the stock exchange, yielded the maximum amount expected, of 3.17 […]
European Investment Bank part-finances road connecting Guinea-Bissau and Senegal
The European Investment Bank (EIB) and Guinea-Bissau have signed an agreement that will finance part of the road linking Safim, in the east of the […]
Angola prepares a real estate investment fund to manage repossessed assets
Angola is preparing to create a real estate investment fund, of US$5 billion, to manage assets received in the fight against corruption, the Finance minister […]
IMF: Morocco Seeks $5 Bln Flexible Credit Line
The International Monetary Fund (IMF) Executive Board held on Tuesday an informal meeting to discuss Morocco’s request of $5 billion flexible credit line (FCL) arrangement […]
Global Fund allocates $4.7 million to Cape Verde by 2025
The Global Fund has allocated 4.7 million dollars (4.4 million euros) to finance until 2025, namely programs to fight HIV/AIDS, tuberculosis and malaria in Cape […]