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Finance

United States preparing the launch of US$500 million programme in Mozambique

January 31, 2023 Steven Addamah 0

Mahmoud Bah, Deputy Executive Director of Milleniun Challenge Corporation, and Max Tonela, Minister of Finance and Economy signed the indicative document in Maputo. The deputy […]

Russia expresses readiness to waive Guinea-Bissau debt

January 30, 2023 Steven Addamah 0

Russia has expressed its willingness to cancel Guinea-Bissau’s entire debt, according to a press release from Guinea-Bissau’s Finance Ministry Nicolau, Sal e Boa Vista. According […]

Guinea-Bissau: Customs revenues up 40% in 2022

January 27, 2023 Khalid Al Mouahidi 0

Guinea-Bissau’s customs revenues increase by 40 percent in 2022, compared to 2021, the Secretary of State for Budget and Fiscal Affairs, João Alberto Djata said […]

E.Guinea, Gabon, S.Sudan lose UN voting rights over unpaid dues

January 25, 2023 Khalid Al Mouahidi 0

Equatorial Guinea, Gabon and South Sudan are among six world nations that have lost their voting rights in the 193-member United Nations General Assembly because […]

Portugal promises to invest €12 million in Cape Verdean climate fund by 2025

January 24, 2023 Khalid Al Mouahidi 0

The Portuguese Prime minister António Costa announced on Monday that the entire amount of the amortization of Cape Verde’s debt to Portugal will be “fully […]

Mozambique: Opposition Renamo party calls for resignation of the government

January 24, 2023 Khalid Al Mouahidi 0

Renamo, the main opposition party in Mozambique, on Monday called for the resignation of the government, considering that it violated the Constitution with the implementation […]

Angolan financial system to be evaluated in 2024 by multilateral institutions

January 24, 2023 Khalid Al Mouahidi 0

The Angolan financial system will be evaluated, in 2024, by multilateral institutions, as part of the approval of the Strategic Plan of the Council of […]

Inflation in Mozambique slows to 8.9% by end of 2023

January 23, 2023 Khalid Al Mouahidi 0

“We anticipate that inflation will gradually slow down to 8.9% by the end of 2023 year-on-year, which will provide room for the Bank of Mozambique […]

Portugal and Cape Verde to sign agreement to convert debt into climate fund

January 20, 2023 Geraldine Boechat 0

Prime Ministers of the two countries will sign an agreement on the 23rd aimed at transforming the debt to be applied in investments to increase […]

Angolan financial institutions sanctioned in 684 thousand euros by the end of 2022

January 20, 2023 Steven Addamah 0

The Angolan central bank concluded 118 sanctioning processes in banking and non-banking financial institutions in the last quarter of 2022, amounting to 372.4 million kwanzas […]

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