Cape Verde needs to invest 520 ME by 2030 to make the energy transition
The Cape Verdean Prime Minister, Ulisses Correia e Silva, estimated the need to invest 520 million euros to achieve the goals of energy transition by […]
Finance
IMF agrees $1 billion loan to cash-strapped Kenya
The International Monetary Fund (IMF) announced on Tuesday that it had reached an agreement for a $1 billion (927 billion euros) loan for Kenya, an […]
San Tomean Government wants to reduce dependence of more than 80% on foreign aid for Budget
The Sao Tomean Government wants to reduce the dependence of more than 80% on foreign aid to finance the public investment included in the General […]
BNA makes available a bond portfolio worth US$ 350 million at a rate of 5.90%
The National Bank of Angola (BNA) placed on the market Treasury Bonds worth US$350 million, to be purchased in kwanzas, with an annual interest rate […]
Cape Verdean economy grew by 6.9% in 2019
The Cape Verdean economy grew by 6.9% in 2019, above the initial estimate of 5.7%, according to the final national accounts report for that year, […]
Angola needs 926 Billion Euros to implement strategy for the next 27 years
Angola needs one billion dollars (926 billion euros) to implement its Long Term Strategy for the next 27 years (ELP-Angola 2050), announced the Minister of […]
National Bank of Angola warns about illegal activity of micro-credit company Estev Edmar
The National Bank of Angola (BNA) warned on Thursday the existence of a micro-credit company, Estev Edmar, not qualified for the exercise of financial activities, […]
Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019
The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]
China, India leading foreign investors in Rwanda
China and India lead foreign investors in Rwanda in 2022, the country’s Development Board (RDB) said in an annual report. The report explains that Rwanda […]
AU-PSC: Morocco calls for sustainable, flexible funding for peace support operations
Morocco has called for predictable, sustainable, and flexible funding for peace support operations in Africa. The call was launched by Morocco’s Permanent Representative to the […]