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Finance

Cape Verde’s trade balance deficit worsens in January

March 3, 2023 Steven Addamah 0

The Cape Verdean trade balance was negative by 71 million euros in January, a worsening of more than 50% compared to the same month in […]

Angola: government requests USD250 M from the World Bank to strengthen the management of municipalities

March 2, 2023 Geraldine Boechat 0

The Angolan President has authorized a $250 million (234 million euros) financing agreement with the World Bank to support the transfer of fiscal powers to […]

Money laundering: South Africa wants to see its downgrading as an “opportunity”

February 28, 2023 Steven Addamah 0

South Africa, placed last week on the grey list of countries subject to enhanced monitoring of money laundering, chose to see this downgrading as “an […]

World Bank warns Mozambique of market access difficulties

February 28, 2023 Geraldine Boechat 0

The World Bank yesterday warned the Mozambican authorities of the difficulties in accessing markets due to the country’s placement on the international “grey list” of […]

Cape Verde seeks 5 billion Euros investments for sustainable development until 2030

February 27, 2023 Geraldine Boechat 0

Cape Verde intends to attract public and private investments of 5,000 million euros to meet the agenda of the sustainable development program by 2030 and […]

World Bank supports Guinea-Bissau in managing the civil service wage bill

February 24, 2023 Geraldine Boechat 0

A World Bank mission arrived in Bissau on Tuesday to support the government in managing the civil service wage bill, as part of the Public […]

Cape Verde: State revenues rise 17.5% in 2022

February 23, 2023 Steven Addamah 0

The revenues of the Cape Verdean state increased 17.5% in 2022, compared to the previous year, to more than 53,100 million escudos (480 million euros), […]

San Tomean government wants to stop 300ME debt with Angola

February 20, 2023 Steven Addamah 0

The São Tomense government wants to settle a debt of about 300 million euros with Angola, under a new economic cooperation agreement signed with representatives […]

South Sudan: U.S. announces over $288 mln in humanitarian aid

February 18, 2023 Khalid Al Mouahidi 0

South Sudan is experiencing one of its worst food crises since independence, according to the United States. At least two-thirds of the country’s population could […]

Nigerian president to keep small denominations of the old naira in circulation

February 17, 2023 Geraldine Boechat 0

Nigerian President Muhammadu Buhari on Thursday ordered the continued circulation of low-denomination banknotes, recently replaced by new ones, in order to limit the cash shortage […]

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