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Central bank

Banknote shortage in Nigeria: riots break out in the South West

February 8, 2023 Khalid Al Mouahidi 0

Abeokuta, in southwestern Nigeria, was the scene of scuffles between protesters and police on Tuesday, when a crowd of angry youths attacked a bank facing […]

Angola imports food worth over US$2 billion in 2022

February 2, 2023 Steven Addamah 0

Angola has paid out over US$2 billion (1.8 billion euros) for food imports in 2022, representing a rise of 40 percent compared to the previous […]

Sao Tome and Principe with historic inflation above 24% in 2022

January 2, 2023 Steven Addamah 0

Sao Tome and Principe’s inflation rate in 2022 is expected to be 24%, the highest in 15 years, and the national economy is expected to […]

IMF says Sao Tome and Principe has “strong interest” in a new assistance program

December 16, 2022 Steven Addamah 0

The International Monetary Fund (IMF) said on Thursday that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement […]

Ghana plans to pay for fuel purchases with gold bars

November 28, 2022 Steven Addamah 0

Ghana is considering paying for its fuel purchases in gold bars, according to an announcement by Ghana’s vice president, Mahamudu Bawumia. The government’s stated aim […]

São Tomé and Príncipe with no foreign exchange to buy essential goods on the international market

November 1, 2022 Steven Addamah 0

The government of Sao Tome and Principe says the net international reserve at the archipelago’s central bank is below the minimum required, i.e., it is […]

Libyan oil exports resume after months of interruption

July 22, 2022 Khalid Al Mouahidi 0

Since the assassination of Muammar Gaddafi, Libya’s oil has been at the centre of all sorts of rivalries, with rival militias and foreign powers jostling […]

Nigeria’s Buhari asks ministers with political ambition to resign

May 12, 2022 Steven Addamah 0

As Nigeria’s February 2023 presidential election approaches, the number of candidates to succeed Muhammadu Buhari is increasing. Tunde Bakare, a popular Pentecostal minister, and Godwin […]

Economy: Kenyan businesses worried about elections and war in Ukraine

April 11, 2022 Steven Addamah 0

Kenya’s Ministry of Finance presented a $28 billion budget this week. The aim is to revive an economy hit by the loss of hundreds of […]

DRC: Central Bank Directors replaced to Meet IMF requirements

July 14, 2021 Khalid Al Mouahidi 0

For almost two years, the DRC and the IMF have been negotiating the signature of a financing program. One of the very first conditions was […]

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News

  • Army suspends truce negotiations in Sudan

    June 1, 2023 0
  • Guinea-Bissau’s CNE admits lack of funds, but legislative elections will take place

    June 1, 2023 0
  • Mozambican President receives Russian MFA for “strengthening bilateral relations”

    May 31, 2023 0
  • Angola to create National Employment Fund that already has 44.3 ME available this year

    May 31, 2023 0
  • Mozambican government wants to audit about 24 State companies

    May 31, 2023 0

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  • Army suspends truce negotiations in Sudan
  • Fuel prices in Nigeria almost triple in two days
  • Only 200 São Tomense companies able to start charging VAT
  • Guinea-Bissau’s CNE admits lack of funds, but legislative elections will take place
  • Mozambican President receives Russian MFA for “strengthening bilateral relations”
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