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Finance

African Exchanges Linkage Project launches an e-platform

December 8, 2022 Khalid Al Mouahidi 0

The African Exchanges Linkage Project (AELP) has launched an e-platform (The AELP Link), enabling seamless cross-border securities trading among seven African stock exchanges, representing 2,000 […]

Impact of climate change could reduce Angola’s GDP by up to 6% by 2050

December 8, 2022 Geraldine Boechat 0

The impact of climate change, without mitigation measures, may cause the Angolan economy to shrink between 3 and 6% by 2050, according to a study […]

EU, Mozambique launch €812 M initiative to support youths

December 7, 2022 Khalid Al Mouahidi 0

The European Union (EU) and the Government of Mozambique have launched an initiative to support the education and emancipation of young Mozambicans, a project worth […]

Angola: BNA abolishes foreign exchange control department, strengthens inspection and monitoring

December 7, 2022 Khalid Al Mouahidi 0

The National Bank of Angola (BNA) has announced on Tuesday, the termination of its foreign exchange control department and the strengthening of the areas of […]

Morocco/AfDB: 16th ADF Replenishment Meeting Kicks Off in Tangier

December 5, 2022 Khalid Al Mouahidi 0

The fourth and final meeting of the sixteenth replenishment of the African Development Fund (ADF-16), the concessional funding window of the African Development Bank (AfDB) […]

Bank of Mozambique maintains monetary policy rate at 17.25%

December 1, 2022 Steven Addamah 0

The Bank of Mozambique decided on Wednesday to maintain the monetary policy interest rate, MIMO rate, at 17.25%. “The inflation outlook points to a deceleration […]

France gives five million euros in budgetary support to Guinea-Bissau

November 30, 2022 Geraldine Boechat 0

France on Tuesday provided Guinea-Bissau with five million euros in budgetary support to “strengthen the macroeconomic base” of Guinea-Bissau, said the French ambassador in Bissau, […]

Mozambique’s public debt to fall below 100% of GDP by 2023

November 28, 2022 Steven Addamah 0

The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]

Social benefits attributed by Cape Verde increase in 2023

November 25, 2022 Steven Addamah 0

The Deputy Prime Minister of Cape Verde, Olavo Correia, yesterday rejected changing the forecasts that are included in the draft state budget for 2023, despite […]

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Austria funds a desalination plant in the Cape Verdean island of Boa Vista

November 23, 2022 Geraldine Boechat 0

Cape Verde’s Deputy Prime Minister, Olavo Correia, announced a financing agreement with the Bank of Austria for 10 million euros to install a desalination plant […]

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