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 […]
Inflation
Angola’s inflation rate was 11.54% in February, down 15.74 points
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
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
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
“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
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
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
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%
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
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 […]