IMF should return to Angola to help with reforms and control the kwanza
The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]
Inflation
Angola: Inflation to reach 13% this year – Standard & Poor’s
Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]
Angola recorded inflation of 12.12% in July
Angola recorded inflation of 12.12% in July, which represents a decrease of 9.28 percentage points compared to that observed in the same period of 2022, […]
Sierra-Leone: Police announce the arrest of several people for an alleged plot
Sierra Leonean police claim to have arrested “several” people, including army officers, who were planning violent attacks a year after the deadly riots in August […]
Central Bank keeps interest rate in Mozambique at 17.25%
The Monetary Policy Committee (CPMO) of the Bank of Mozambique decided on Wednesday July 26 to maintain the monetary policy interest rate, called MIMO, at […]
Kwanza loses 3.6% against the dollar last week and falls 38.8% since January
The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]
Kenya’s President signs into law a much-criticized finance bill
Kenyan President William Ruto has signed into law this 26th of June a finance bill that introduces numerous new taxes, the Presidency announced, despite criticism […]
Sierra Leone’s looming election marred by fresh violence
Deadly violence broke out around Sierra Leone’s main opposition party headquarters on Wednesday (21 June), just three days before a general election, in which incumbent […]
Inflation in Mozambique decelerated to the lowest in 13 months
Year-on-year inflation in Mozambique decelerated again in May to its lowest level in 13 months, the National Institute of Statistics (INE) announced Tuesday. Inflation stood […]
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 […]