South Africa Sets New Inflation Target at 3 Percent
South African Finance Minister Enoch Godongwana announced on Wednesday, 12 November 2025, a revised inflation target of 3 percent with a 1-percentage-point tolerance band, during […]
GDP
Senegal’s Prime Minister Urges Citizens to Endure ‘Two to Three Years’ of Sacrifice for Economic Recovery
Senegal’s Prime Minister, Ousmane Sonko, on Saturday, November 8, called on citizens to accept “sacrifices” over the next two to three years to help the […]
Morocco and EU Sign Letter Exchange to Amend Agricultural Agreement in Brussels
Morocco and the European Union signed the exchange of letters amending the agricultural agreement binding both parties on Friday at the European Commission headquarters in […]
Nigeria Records 3.13% GDP Growth in Q1 2025 Amid Structural Reforms and Economic Rebasing
Nigeria’s economy witnessed a notable boost in the first quarter of 2025, as its Gross Domestic Product (GDP) grew by 3.13% in real terms year-on-year, […]
Angolan economy grew 4.1% on average in the first two quarters
Angola’s GDP grew by an average of 4.1% over the first two quarters of 2024, the Government announced on Thursday November 14, while also committing […]
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). […]
Cost of servicing Mozambique’s debt rises 18% in 2024 to 1,712 ME
Mozambique’s debt servicing costs will grow by 18% in 2024, to more than 116,631 billion meticais (1,712 million euros), according to Mozambican Government figures. 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 Verde: Central Bank warns of “high level” of non-performing loans
The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]
Mozambican economy grew 4.67% in the second quarter
Mozambique’s Gross Domestic Product (GDP) grew 4.67% in the second quarter, driven by growth in the primary sector, according to the National Accounts report released […]