Ghana suspends payment of part of its foreign debt
Ghana announced on Monday the “temporary” suspension of payments on part of its external debt, including Eurobonds, as it seeks to restructure it after an […]
Finance
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement to underpin […]
Prices in Cape Verde rise again in November with inflation at 8.0% in one year
Prices in Cape Verde increased 0.7% in November, accelerating compared to October, accumulating a rise of 8.0% in a year, according to data released by […]
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said on Thursday that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement […]
Ghana sinks into severe economic turbulence
Inflation of more than 50%, collapse of the currency, doubling of prices at the pump… Ghana is currently going through a serious economic crisis. With […]
Angola: State collects €19 billion in tax revenue until September, 70% from the oil sector
The Angolan State has collected until September 2022, 10,300 billion kwanzas (19 billion euros), 70% of which is related to tax revenue from the oil […]
Equatorial Guinea’s Vice President investigated in Brazil for alleged money laundering
Brazil’s Federal Police (PF) announced it is investigating a case of alleged money laundering in which the main suspect is the Vice-President of Equatorial Guinea, […]
Cape Verde, Portugal to sign climate finance agreement in January
The Prime Minister of Cape Verde, Ulisses Correia e Silva announced on Tuesday the visit of his Portuguese counterpart, António Costa, to São Vicente in […]
AfDB’s Development Fund mobilizes record $8.9bn for Africa’s low-income countries
The African Development Fund (ADF) has raised $8.9bn, its highest replenishment in its 50-year history, from international donors to lend and grant funds to low-income […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]