Cashew commercialization campaign in Guinea-Bissau has already started
The commercialization campaign for cashew nuts in Guinea-Bissau has already begun and the government has set the reference price for buying the cashew from the […]
International monetary Fund
São Tomé’s economy faces “serious challenges, says IMF
The International Monetary Fund, IMF, has revealed that the government of Sao Tome will introduce Value Added Tax (VAT) and that the adjustment of fuel […]
Russia expresses readiness to waive Guinea-Bissau debt
Russia has expressed its willingness to cancel Guinea-Bissau’s entire debt, according to a press release from Guinea-Bissau’s Finance Ministry Nicolau, Sal e Boa Vista. According […]
Ghana suspends payment of part of its foreign debt
Ghana announced on Monday the “temporary” suspension of payments on part of its external debt, including Eurobonds, as it seeks to restructure it after an […]
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement to underpin […]
IMF says Sao Tome and Principe has “strong interest” in a new assistance program
The International Monetary Fund (IMF) said on Thursday that the Government of São Tomé and Príncipe has a “strong interest” in a new financial arrangement […]
Mozambique: start of the verdict in the vast “hidden debt” scandal
Phantom fishing vessels, exorbitant foreign loans and people close to the government: the verdict in the gigantic corruption scandal known as the “hidden debt” in […]
France gives five million euros in budgetary support to Guinea-Bissau
France on Tuesday provided Guinea-Bissau with five million euros in budgetary support to “strengthen the macroeconomic base” of Guinea-Bissau, said the French ambassador in Bissau, […]
Mozambique’s public debt to fall below 100% of GDP by 2023
The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]
IMF reaches agreement with Guinea-Bissau for Extended Credit Facility program
The International Monetary Fund (IMF) announced today that it has reached agreement with the authorities of Guinea-Bissau to negotiate a 36-month program under the Extended […]