IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023
The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]
Finance
US funding to Mozambique will need 7,8 ME in preparation
The office preparing the new financing program for Mozambique of the Millennium Challenge Corporation (MCC, US foreign support agency), plans to contract up to $8.6 […]
IMF team finds talks with Mozambican authorities “constructive and fruitful
The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]
Mozambique: Dividends distributed by Hidroelétrica de Cahora Bassa increase 11.6%
The dividends distributed to shareholders by Hidroeléctrica de Cahora Bassa (HCB) increased 11.6% over the last year, according to figures announced Thursday by the Mozambican […]
EU and Guinea-Bissau sign two financing agreements worth 38 ME
The European Union (EU) and Guinea-Bissau on Thursday signed two financing agreements in the education and urban development sectors worth €38 million. “This amount is […]
Morocco’s progress, prosperity cannot be conceived separately from Arab & African brothers – King
Morocco’s progress and prosperity cannot be conceived separately from those of Arab and African countries, the Kingdom being member of the Arab, Islamic and African […]
Xlinks: Two Firms Pledge to Inject over $ 37 Mln in Morocco-UK Power Project
Emirati Taqa firm and British Octopus energy group will invest respectively £ 25 million and £ 5 million the world’s longest undersea cable expected to […]
ExxonMobil contributes $41 million to fight against malaria in Angola
ExxonMobil has contributed $41 million (37.4 million euros) over the last 20 years to the fight against malaria in Angola, the leading cause of death […]
AfDB, Dutch ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa
The African Development Bank and ILX Management B.V. (ILX) signed Sunday a partnership agreement to scale up investments and spur institutional investor capital mobilization for […]
World Bank to provide Cape Verde with $15 Million to buy boats
Cape Verde announced a World Bank’s guarantee of $15 million (13.6 million euros) in long-term financing with a five/seven years grace period amortizable over the […]