Zimbabwe Launches New Currency Amid Economic Turmoil
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 […]
Economy
Cape Verde’s economy grew by 2.7% in the third quarter of 2023
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
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
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
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
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
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
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%
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
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 […]