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GDP

Cape Verde’s economy grew by 2.7% in the third quarter of 2023

January 8, 2024 Steven Addamah 0

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

November 14, 2023 Geraldine Boechat 0

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

October 5, 2023 Geraldine Boechat 0

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

August 22, 2023 Geraldine Boechat 0

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

August 15, 2023 Steven Addamah 0

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

August 2, 2023 Steven Addamah 0

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

July 24, 2023 Geraldine Boechat 0

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

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, […]

Angola needs 926 Billion Euros to implement strategy for the next 27 years

May 23, 2023 Geraldine Boechat 0

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

May 10, 2023 Geraldine Boechat 0

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 […]

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