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 […]
GDP
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 […]
Mozambican stock market capitalization grows to USD 2,718 million by June
The market capitalization of the Mozambique Stock Exchange (BVM) exceeded US$2.718 billion (€2.422 billion) in the first half of this year, up almost 5% in […]
Cape Verde wants blue economy to contribute 25% of GDP by 2030
The Government wants the blue economy to contribute 25% of Gross Domestic Product (GDP) by 2030, generating 35.000 jobs and becoming an export sector, the […]
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 needs 926 Billion Euros to implement strategy for the next 27 years
Angola needs one billion dollars (926 billion euros) to implement its Long Term Strategy for the next 27 years (ELP-Angola 2050), announced the Minister of […]
IMF forecasts Cape Verde growth at 4.4% and inflation at 5.2% in 2023
The International Monetary Fund (IMF) maintains Tuesday its forecast for GDP growth in Cabo Verde of 4.4% in 2023 and inflation of 5.2%, with a […]
Angola has received 200 new industrial projects since 2018
The Angolan Chief Executive, who inaugurated Wednesday the 5th edition of Expo-Industry, in Luanda, noted that during this period (2018-2022), the real Gross Domestic Product […]
Cape Verde: State revenues rise 17.5% in 2022
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
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 […]