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Finance

EU in Angola funds human rights projects with 850 thousand Euros

January 17, 2023 Geraldine Boechat 0

The European Union (EU) delegation in Angola signed yesterday financing contracts for four projects in the area of human rights, which will receive a total […]

Workers accuse São Tomé Port Authority of misusing 40.7ME from social fund

January 13, 2023 Steven Addamah 0

Workers at the port of São Tomé suspended activities today and accused the new administration of the company managed by the Safebond consortium of misusing […]

Angola cashed in one billion euros in three years with privatizations

January 10, 2023 Geraldine Boechat 0

The Angolan government has collected, since 2019, 567 billion kwanzas (1 billion euros) from the privatization of 96 assets, under the Privatization Programme (Propriv), which […]

Covid-19: Cape Verde spent 8.2 M Euro on response projects until November 2022

January 6, 2023 Geraldine Boechat 0

The Cape Verdean state has spent until November 901 million escudos (8.2 million euros) on projects of direct or indirect response to Covid-19, just over […]

Cape Verde moves forward with Guarantee Fund to mitigate risks

January 6, 2023 Geraldine Boechat 0

The Cape Verdean Deputy Prime Minister, Olavo Correia, said that “the conditions are already created” to launch the Guarantee Fund, as a mechanism to “recover […]

Cape Verde: State captures 20% of 2023 Budget; will only accept electronic invoices

January 4, 2023 Khalid Al Mouahidi 0

According to the document approved by the Council of Ministers that defines the rules of budget execution in 2023, 20% of the total budget, financed […]

Mozambique: Bank loans to rise 8.4% this year

January 4, 2023 Khalid Al Mouahidi 0

The consultancy Fitch Solutions deemed that loan in the country is expected to have grown by 5% in 2022, accelerating to 8.4% this year, but […]

Sao Tome and Principe with historic inflation above 24% in 2022

January 2, 2023 Steven Addamah 0

Sao Tome and Principe’s inflation rate in 2022 is expected to be 24%, the highest in 15 years, and the national economy is expected to […]

Cape Verdeans moved more than 48 million euros during Christmas

December 28, 2022 Geraldine Boechat 0

Cape Verdeans made more than 1.4 million automatic withdrawals and purchases over the Christmas period, moving 48.5 million euros, up 19% compared to the same […]

Kenya moves to regulate crypto assets

December 20, 2022 Khalid Al Mouahidi 0

Kenya’s joint financial sector regulators forum has recommended the formation of a technical committee to create laws that will regulate crypto assets activities and players, […]

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  • CAF: Motsepe hails African World Cup surge as nine CAF teams reach knockout stage
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