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African currencies under pressure despite reform gains, Afreximbank warns

July 7, 2025 Steven Addamah 0

A new report by the African Export-Import Bank (Afreximbank) has revealed widespread foreign exchange (FX) challenges across Africa, with nearly half of the continent’s currencies […]

Nigerian Navy Seizes 76 Vessels, Destroys 800 Illegal Refineries in Oil Theft Crackdown

June 22, 2025 Steven Addamah 0

The Nigerian Navy has announced significant progress in its ongoing anti-oil theft operations, revealing the arrest of 76 vessels and at least 242 suspects, along […]

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Zimbabwe to Ban Lithium Concentrate Exports from 2027 to Boost Domestic Processing

June 11, 2025 Steven Addamah 0

In a strategic policy shift aimed at capturing greater value from its mineral wealth, Zimbabwe has announced on June 10 that it will ban the […]

South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns

April 23, 2025 Steven Addamah 0

A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]

Cape Verde strengthens exports with canned goods to Spain

November 12, 2024 Steven Addamah 0

Cape Verde saw a 16% increase in goods exports and a reduction in imports year-on-year in the third quarter, with a notable rise in canned […]

Mozambique’s timber exports fell 75% in four years

September 27, 2024 Geraldine Boechat 0

Mozambique’s timber exports have plunged nearly 75% over the past four years, falling to 2.099 million tons in 2023, according to the National Statistics Institute […]

Prices of imported products in Cape Verde increased by 17%

October 24, 2023 Geraldine Boechat 0

The prices of imported products rose by 1% in September 2023, 1.3 percentage points (p.p.) more than in the previous month, INE announced on Monday […]

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, […]

Cape Verdean exports of canned food and fish fell almost 9% in 11 months

February 13, 2023 Steven Addamah 0

The value of Cape Verdean exports of canned and frozen fish fell almost 9% from January to November, to almost 31 million euros, compared to […]

Cabo Verde imports rise 25.5 percent in 2022 and exports fall

February 1, 2023 Geraldine Boechat 0

Cape Verde’s imports rose 25.5 percent in 2022, whilst exports fell 3 percent from the previous year, the National Statistics Institute (INE) said on Tuesday. […]

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