Egypt to elect new President in early December 2023
Egypt’s presidential election will be held from December 10 to 12, rather than in the spring of 2024 as the Constitution allows, a deadline shortened […]
Inflation
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 […]
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 […]