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Finance

Angola recovered 4.6 thousand ME of assets, 19.4 thousand ME awaiting judicial outcome

January 18, 2023 Geraldine Boechat 0

The Angolan government has already recovered $5 billion (4.6 billion euros) of assets taken illegally from the country while awaiting court decisions on assets worth […]

West Africa’s central bank congratulates Guinea-Bissau’s performance

January 17, 2023 Geraldine Boechat 0

The governor of the Central Bank of West African States (BCEAO), Ivorian Jean Claude Brou Yesterday congratulated Guinea-Bissau’s President Umaro Sissoco Embaló for the country’s […]

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 […]

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News

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  • US government finances first private sector project in Moroccan Sahara

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  • AU leaders warn Middle East conflict is fuelling Africa’s economic crisis

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Recent Posts
  • Throne Day: King Mohammed VI Says Morocco’s Stability & Security, Strategic Assets Prompting Optimism in the Future
  • Morocco’s Success is the Result of its Stability, Industrialization, Technological Advance & Social Equity, Says King Mohammed VI in Throne Day Speech
  • US government finances first private sector project in Moroccan Sahara
  • AU leaders warn Middle East conflict is fuelling Africa’s economic crisis
  • Senegal pledges support for Mali amid security crisis, avoids ECOWAS reference
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