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GDP

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 […]

Angola has received 200 new industrial projects since 2018

March 30, 2023 Geraldine Boechat 0

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

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 […]

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  • Mohammed VI Tower, Symbol of Morocco’s Modernity, inaugurated by Crown Prince Moulay El Hassan
  • Benin: Vote Counting Underway in Presidential Election
  • Malawi: Opposition Leader and Former Finance Minister Arrested Over Corruption Allegations
  • Tanzania, Kenya Deepen Diplomatic and Trade Cooperation
  • Pope Leo Begins 10-Day Africa Tour to Spotlight Continental Challenges
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