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Finance

IMF plans to approve 2nd review and financial disbursement to Guinea-Bissau in August

May 31, 2023 Geraldine Boechat 0

The International Monetary Fund (IMF) expects to approve at the end of August the second evaluation of the support program to Guinea-Bissau, with the disbursement […]

Cape Verde needs to invest 520 ME by 2030 to make the energy transition

May 25, 2023 Geraldine Boechat 0

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 […]

IMF agrees $1 billion loan to cash-strapped Kenya

May 25, 2023 Steven Addamah 0

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

May 24, 2023 Steven Addamah 0

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%

May 24, 2023 Steven Addamah 0

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

May 24, 2023 Geraldine Boechat 0

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

May 23, 2023 Geraldine Boechat 0

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

May 19, 2023 Geraldine Boechat 0

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

May 18, 2023 Steven Addamah 0

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

May 17, 2023 Khalid Al Mouahidi 0

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 […]

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Recent Posts
  • OIC Foreign Ministers Endorse Morocco’s Atlantic, Sahel Initiatives in Support of Africa
  • Crown Prince Presides Over Mohammed VI Grand Prix Awarding Ceremony at Morocco Royal Tour Finale
  • Ex-Senegal president Macky Sall withdraws as candidate for UN leader
  • Ministers’ Council, Chaired by King Mohammed VI, Discusses 2027 Finance Bill that Prioritizes Purchasing Power, Social Protection
  • Morocco’s Economy: IMF Expects a 4.5% Growth in 2026, 4.2% in 2027
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