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 […]
Finance
CAR claims World Bank, IMF refuse support over ties with Russia
Several officials from the Central African Republic (CAR) have condemned the World Bank and the International Monetary Fund (IMF) for denying support to the poor […]
SAfrica: New delay in the Zuma/Thales trial
The corruption trial of former South African President Jacob Zuma, who is accused of taking bribes from the French defense group Thales more than 20 […]
Morocco’s OCP Group Gets €100 Mln Loan from IFC for Solar Power Plants
The International Finance Corporation has agreed to provide Morocco’s state-owned OCP phosphate Group a €100 million green loan for building four solar plants to reduce […]
Guinea-Bissau: Calls for transparency on the origin of funds for electoral campaigns
The president of the National Cell of Financial Information Processing (Centif) of Guinea-Bissau, Justino de Sá, defended on Tuesday more transparency on the provenance of […]
Cape Verde’s public accounts with deficit of 4,7 ME until February
Cabo Verde’s public accounts posted a deficit of 523 million escudos (4.7 million euros) until February, according to budget execution data. According to the document […]
Corruption: United Arab Emirates rejects extradition of Gupta brothers to South Africa
The South African government announced at the weekend that its request for the extradition of brothers Atul and Rajesh Gupta, at the heart of a […]
Sao Tome and Principe: Government freezes minimum wage increase for civil servants
The Secretary general of the General Workers Union said that he has been informed by the Sao Tomean government that there will be no minimum […]
Portugal increases funding line for Angola to Two Billion Euros
The Portuguese government has increased the funding line for Angola from 1.5 billion euros to two billion euros, the Angolan Finance Minister announced on Wednesday. […]
São Tomé’s economy faces “serious challenges, says IMF
The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]