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Finance

Guinea-Bissau gets budget support of five million euros from France

October 10, 2022 Khalid Al Mouahidi 0

The French government has announced budget support for Guinea-Bissau of five million euros, the Guinean Finance Ministry said in a statement. The announcement was made […]

Bank of Mozambique imposed $3.3M in fines

October 4, 2022 Geraldine Boechat 0

The Bank of Mozambique imposed fines of 208 million meticais (3.3 million euros) on seven banks, a mobile money finance system and four microfinance operators […]

Washington provides $350 million for road construction in Malawi

September 30, 2022 Steven Addamah 0

The United States has approved a $350 million grant for infrastructure projects in Malawi, praising good governance in the southern African country. The aid, which […]

Angolan State gains 47,8 ME with the entrance of Caixa Angola shares in the stock exchange

September 30, 2022 Steven Addamah 0

The shares of Banco Caixa Geral Angola (BCGA), particularly 25% held by the Angolan state through Sonangol, are available as of this Thursday for trading […]

Ghana borrows $1.3 billion to boost cocoa exports

September 29, 2022 Steven Addamah 0

The Cocoa Board of Ghana (Cocobod), the agency that oversees the cocoa industry, will sign a $1.3 billion loan agreement with international banks this Thursday […]

Angolan capital market transacted €2.2 billion until August

September 22, 2022 Steven Addamah 0

Transactions on the Angolan capital market until August reached 907.33 billion kwanzas (2.2 billion euros), of which around a third were traded last month, announced […]

International Monetary Fund in Bissau to analyze public remuneration scheme

September 15, 2022 Geraldine Boechat 0

A mission from the International Monetary Fund (IMF) arrived in Guinea Bissau to analyze, along with the authorities, the salary bill of the Public Administration […]

China donates Mozambique €13.9 million, waives seven million of its debt

September 14, 2022 Khalid Al Mouahidi 0

China will donate the equivalent of 13.9 million euros and cancel 7 million euros of Mozambique’s debt under agreements signed Tuesday in Maputo between the […]

South Africa Mired in Longest Economic Downturn Cycle in Decades (experts)

September 9, 2022 Khalid Al Mouahidi 0

South Africa has been mired in the longest cycle of economic downturn in decades, affected by internal and external shocks and slow structural reforms, South […]

Tunisia: Inflation on upward trend, trade deficit widening

September 8, 2022 Khalid Al Mouahidi 0

Inflation in Tunisia confirmed its upward trend in August 2022, picking up again to 8.6% from 8.2% in July, 8.1 % in June and 7.8% […]

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  • CAF: Motsepe hails African World Cup surge as nine CAF teams reach knockout stage
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