IMF: Morocco Seeks $5 Bln Flexible Credit Line
The International Monetary Fund (IMF) Executive Board held on Tuesday an informal meeting to discuss Morocco’s request of $5 billion flexible credit line (FCL) arrangement […]
Finance
Global Fund allocates $4.7 million to Cape Verde by 2025
The Global Fund has allocated 4.7 million dollars (4.4 million euros) to finance until 2025, namely programs to fight HIV/AIDS, tuberculosis and malaria in Cape […]
Nigeria: Supreme Court extends validity of old naira bills
The Supreme Court on Friday extended the validity of old banknotes in Nigeria, invalidating a government directive that has been causing a severe cash shortage […]
Cape Verde’s trade balance deficit worsens in January
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
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”
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
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
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
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
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), […]