Cape Verde, Portugal to sign climate finance agreement in January
The Prime Minister of Cape Verde, Ulisses Correia e Silva announced on Tuesday the visit of his Portuguese counterpart, António Costa, to São Vicente in […]
Finance
AfDB’s Development Fund mobilizes record $8.9bn for Africa’s low-income countries
The African Development Fund (ADF) has raised $8.9bn, its highest replenishment in its 50-year history, from international donors to lend and grant funds to low-income […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]
African Exchanges Linkage Project launches an e-platform
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
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
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
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
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%
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
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, […]