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Finance

Guinea-Bissau: Portugal’s support of five million euros is the “largest to date”

November 2, 2022 Steven Addamah 0

The Minister of Foreign Affairs of Guinea-Bissau, Suzi Barbosa, said on Tuesday that the five million Euros given by Portugal to the Guinean State Budget […]

Angola: The National Bank sells $500 million in debt securities

November 2, 2022 Geraldine Boechat 0

The National Bank of Angola announced Tuesday that it will make public debt securities from its foreign currency portfolio in the amount of US$500 million […]

Cape Verde’s trade balance deficit worsens by more than 215 ME in three months

November 1, 2022 Steven Addamah 0

The Cape Verdean trade balance was negative by more than 215 million euros in the third quarter of 2022, a worsening of more than 35% […]

Angola: President authorizes expenditure of 35.2 million Euros for demining services

October 31, 2022 Steven Addamah 0

Angolan President authorized the expenditure of 16.5 billion kwanzas (35.2 million euros) for demining services on access roads and geological and geophysical sampling areas in […]

Angola: Fitch Solutions forecasts kwanza to fall to 470 this year, 499 per dollar in 2023

October 24, 2022 Khalid Al Mouahidi 0

The consulting company Fitch Solutions foresees that Angola’s national currency will counter the trend of appreciation against the dollar and fall to 470 kwanzas per […]

Cape Verde prepares plan to pay debts of 32 million euros to ECOWAS

October 20, 2022 Geraldine Boechat 0

Cape Verde’s Deputy Prime Minister Olavo Correia said Wednesday that the government is negotiating a plan to repay a 32 million euro debt to the […]

Cape Verde expects 6.7 ME in budgetary aid from the EU, Portugal and Spain in 2023

October 19, 2022 Geraldine Boechat 0

The Cape Verdean state budget proposal for 2023 is valued at 77,968 million escudos (709 million euros), but the government expects 6.7 million euros in […]

National Bank of Angola warns about illegal activity of three payment companies

October 19, 2022 Geraldine Boechat 0

The National Bank of Angola (BNA) yesterday warned three companies that are illegally carrying out financial activities – Elite Service, Kwanza Net and Big Bizness […]

Morocco: Council of Ministers, chaired by King Mohammed VI, adopts 2023 finance bill

October 18, 2022 Khalid Al Mouahidi 0

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired, on Tuesday at the Royal Palace in Rabat, a Council of Ministers, that was […]

Mozambican government requests international funding for the country’s private sector

October 11, 2022 Steven Addamah 0

Mozambique’s Economy and Finance Minister, Max Tonela, on Monday in Washington called for support from the African Export and Import Bank (Afrixembank) for the country’s […]

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