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GDP

Cape Verde: State revenues rise 17.5% in 2022

February 23, 2023 Steven Addamah 0

The revenues of the Cape Verdean state increased 17.5% in 2022, compared to the previous year, to more than 53,100 million escudos (480 million euros), […]

Inflation in Cape Verde would exceed 12% with no measures to address the war in Ukraine

January 12, 2023 Khalid Al Mouahidi 0

Cape Verde’s Deputy Prime Minister, Olavo Correia, said yesterday in parliament that inflation in the country could reach 12% if no measures were taken to […]

Cape Verde moves forward with Guarantee Fund to mitigate risks

January 6, 2023 Geraldine Boechat 0

The Cape Verdean Deputy Prime Minister, Olavo Correia, said that “the conditions are already created” to launch the Guarantee Fund, as a mechanism to “recover […]

Mozambique’s public debt to fall below 100% of GDP by 2023

November 28, 2022 Steven Addamah 0

The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]

Tanzania’s first quarter growth slows to 5.7 %

August 10, 2017 Steven Addamah 0

Tanzania’s economic growth slowed to 5.7 percent in the first quarter of this year from 6.8 percent previously, the statistics office of the East African […]

AfDB releases $750 million loan to support Namibia

May 12, 2017 Steven Addamah 0

African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]

World Bank to release $57 billion for projects in Sub-Saharan Africa

March 20, 2017 Khalid Al Mouahidi 0

The World Bank this week pledged to commit a record $57 billion to finance projects in sub-Saharan Africa. According to the head of the Washington-based […]

Nigeria will overcome recession in 2017 – Budget Minister

March 9, 2017 Khalid Al Mouahidi 0

Nigeria’s Budget Minister, Udoma Udo Udoma, on Wednesday said the Government is determined to bring the country out of its first recession in a quarter […]

Ghana’s GDP Inches to 4% in 2016 Q3 Despite Economic Hurdles

December 29, 2016 Khalid Al Mouahidi 0

Ghana’s provisional GDP for the 3rd quarter of 2016 grew by 4 percent compared to 3.5 percent in the same period of 2015. According to […]

Nigeria’s GDP shrinks by 2.24 % in Q3 of 2016

November 21, 2016 Steven Addamah 0

Nigeria’s gross domestic product (GDP) contracted by 2.24 percent in the third quarter, the National Bureau of Statistics (NBS) said on Monday. According to the […]

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News

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