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Economy

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 […]

Angola reduces benchmark interest rate to 19.5%

September 27, 2022 Steven Addamah 0

The central bank of Angola decided on Monday to reduce the reference interest rate from 20% to 19.5%, arguing with the slowdown in inflation and […]

Throne Day: Royal Speech Focuses on Morocco’s Socioeconomic Situation & Relations with Algeria

July 30, 2022 Khalid Al Mouahidi 0

King Mohammed VI has called for strengthening social stability, enhancing women’s empowerment and economic performance of the country to counter regional and international challenges. In […]

South African economic growth rebounds in 2021

March 10, 2022 Steven Addamah 0

South Africa’s economy, buffeted by the Covid-19 epidemic and by riots, has recorded growth of 4.9% in 2021, the highest since 2007, according to official […]

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