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Inflation

Sierra-Leone: Police announce the arrest of several people for an alleged plot

August 2, 2023 Geraldine Boechat 0

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%

July 27, 2023 Geraldine Boechat 0

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

July 6, 2023 Geraldine Boechat 0

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

June 27, 2023 Steven Addamah 0

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

June 23, 2023 Steven Addamah 0

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

June 14, 2023 Steven Addamah 0

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

May 10, 2023 Geraldine Boechat 0

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’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 […]

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