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Economy

Mozambican economy grows 4.5% in the second quarter

September 18, 2024 Steven Addamah 0

Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]

Cape Verde Bank foresees growth path in the country

September 11, 2024 Geraldine Boechat 0

Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]

Zimbabwe Launches New Currency Amid Economic Turmoil

April 8, 2024 Steven Addamah 0

On Friday, Zimbabwe introduced a new currency, ZiG, to stabilize its economy and replace the previously depreciating currency, which faced rejection by its citizens. This […]

Cape Verde’s economy grew by 2.7% in the third quarter of 2023

January 8, 2024 Steven Addamah 0

Cape Verde’s Gross Domestic Product (GDP) grew by 2.7% year-on-year in the third quarter of 2023, according to data from the National Statistics Institute (INE). […]

Mozambican state revenues increase by 7.9% to 3.408 ME in September

November 16, 2023 Steven Addamah 0

The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]

Cape Verde’s economy grew by 3.4% in the second quarter

October 5, 2023 Geraldine Boechat 0

Cape Verde’s Gross Domestic Product (GDP) grew by 3.4% year-on-year in the second quarter of this year, the National Statistics Institute (INE) announced on Wednesday […]

Cape Verdean economy grew by 6.9% in 2019

May 24, 2023 Geraldine Boechat 0

The Cape Verdean economy grew by 6.9% in 2019, above the initial estimate of 5.7%, according to the final national accounts report for that year, […]

Angola foresees economic growth of 3.6% for 2023-2027

April 27, 2023 Steven Addamah 0

The Minister of Economy and Planning said Wednesday that Angola foresees for 2023-2027 a growth of 3.6%, with a positive initial performance of the oil […]

Angolan economy accelerates 2.3% this year

April 11, 2023 Khalid Al Mouahidi 0

The British consulting company Oxford Economics foresees 2.3% growth for Angola this year, following the 2% economic expansion registered last year, essentially driven by the […]

IMF warns S.Africa’s economy risks stagnation

March 25, 2023 Khalid Al Mouahidi 0

South Africa’s growth is set to decelerate sharply this year due to power cuts and the economy risks stagnation, the International Monetary Fund warned. The […]

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