Angola issues €1.5 billion debt to secure JP Morgan loan
Angola’s Ministry of Finance has secured a $400 million loan from U.S.-based bank JP Morgan, backed by a public debt issuance of $1.5 billion as […]
finance
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 […]
European Investment Bank part-finances road connecting Guinea-Bissau and Senegal
The European Investment Bank (EIB) and Guinea-Bissau have signed an agreement that will finance part of the road linking Safim, in the east of the […]
Angola cashed in one billion euros in three years with privatizations
The Angolan government has collected, since 2019, 567 billion kwanzas (1 billion euros) from the privatization of 96 assets, under the Privatization Programme (Propriv), which […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]
Cape Verde prepares plan to pay debts of 32 million euros to ECOWAS
Cape Verde’s Deputy Prime Minister Olavo Correia said Wednesday that the government is negotiating a plan to repay a 32 million euro debt to the […]
Government reshuffle in South Africa
South African President Cyril Ramaphosa announced a major government reshuffle on Thursday night, appointing a dozen new ministers, including Health, Defence and Finance. The first […]
Morocco’s King Winds up Visit to Rwanda, Heads to Tanzania
King Mohammed VI of Morocco wound up his state visit to Rwanda on Sunday and flew to Tanzania, the second leg in his eastern African […]
Morocco-China Strategic Partnership Opens Up New Possibilities
The strategic partnership sealed Wednesday in Beijing by King Mohammed VI with China has opened up new cooperation opportunities for Morocco as this giant Asian […]
Egypt: China’s Xi Jinping arrives in Egypt to boost ties, Cairo rubs hands
Chinese President Xi Jinping arrived Wednesday in Cairo in what has been defined as a landmark visit that will bolster ties with Egypt which expects […]