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 […]
GDP
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 […]
Cape Verde moves forward with Guarantee Fund to mitigate risks
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
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 %
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
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
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 […]