Angola: Banco Fomento forecasts inflation reduction to 14% by year’s end
The economic research office of Banco Fomento Angola (BFA) believes that inflation in the country should slow down to 14 or 15% by the end […]
Finance
EIB lends Moroccan railway operator $190 mln
The European Investment Bank lent Moroccan railway operator 190 million dollars to help it develop its network and services. The loan is particularly geared to […]
IMF Expects Morocco’s Economic Growth to Reach 3% in 2023
Morocco’s GDP growth is projected to reach around 1.25 pc in 2022 before increasing to around 3 pc next year with narrowing external deficit to […]
Angola: government approves Luanda integrated plan budget
The Angolan government approved Thursday the Luanda Integrated Intervention Plan (PIIL), which includes 2,786 projects, budgeted at over 12 billion kwanzas (24.5 billion euros), to […]
Guinea-Bissau: Portugal’s support of five million euros is the “largest to date”
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
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
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
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
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
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 […]