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Inflation

Angola’s inflation rate was 11.54% in February, down 15.74 points

March 15, 2023 Steven Addamah 0

The Angolan inflation rate recorded a decrease of 15.74 percentage points in February 2023 compared to the same period in 2022, settling at 11.54%, according […]

Cape Verde reserves grow more than 5% in 2022

February 16, 2023 Geraldine Boechat 0

The Bank of Cape Verde (BCV) clarified on Wednesday that despite a 10% drop in the country’s Net International Reserves (NIR) from July to November, […]

WFP warns of growing food insecurity in Guinea Bissau by 2023

February 1, 2023 Geraldine Boechat 0

The World Food Programme (WFP) representative in Guinea Bissau, Joao Manja, warned on Tuesday that the number of Guineans suffering from food insecurity could increase […]

Inflation in Mozambique slows to 8.9% by end of 2023

January 23, 2023 Khalid Al Mouahidi 0

“We anticipate that inflation will gradually slow down to 8.9% by the end of 2023 year-on-year, which will provide room for the Bank of Mozambique […]

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 […]

Sao Tome and Principe with historic inflation above 24% in 2022

January 2, 2023 Steven Addamah 0

Sao Tome and Principe’s inflation rate in 2022 is expected to be 24%, the highest in 15 years, and the national economy is expected to […]

Prices in Cape Verde rise again in November with inflation at 8.0% in one year

December 16, 2022 Geraldine Boechat 0

Prices in Cape Verde increased 0.7% in November, accelerating compared to October, accumulating a rise of 8.0% in a year, according to data released by […]

Bank of Mozambique maintains monetary policy rate at 17.25%

December 1, 2022 Steven Addamah 0

The Bank of Mozambique decided on Wednesday to maintain the monetary policy interest rate, MIMO rate, at 17.25%. “The inflation outlook points to a deceleration […]

Angola: Banco Fomento forecasts inflation reduction to 14% by year’s end

November 14, 2022 Steven Addamah 0

The economic research office of Banco Fomento Angola (BFA) believes that inflation in the country should slow down to 14 or 15% by the end […]

Ghana borrows $1.3 billion to boost cocoa exports

September 29, 2022 Steven Addamah 0

The Cocoa Board of Ghana (Cocobod), the agency that oversees the cocoa industry, will sign a $1.3 billion loan agreement with international banks this Thursday […]

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