Ethiopia officially in debt default
The long-awaited news became official on Tuesday December 26: Ethiopia has defaulted on its debt. The country has defaulted on its last payment of $33 […]
International monetary Fund
IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique
The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]
Guinea-Bissau maintains growth trend close to 5%
Guinea-Bissau’s economy is expected to maintain a growth trend of around 5% this year and next, but will continue to depend on international donors to […]
Cape Verde takes over the presidency of the Forum of Small Island States
Cape Verde’s Finance minister revealed on Sunday, October 15, that Cape Verde has been elected president of the Forum of Small Island States for the […]
IMF releases another 8.1 million dollars to Guinea-Bissau
The International Monetary Fund (IMF) announced Monday October 2 that Guinea-Bissau will receive another tranche of 8.1 million dollars (7.7 million euros) after another positive […]
Mozambique: UBS Group reaches agreement on eve of trial
The UBS Group on Sunday October 1st, reached an agreement with Mozambique over Credit Suisse’s role in ship financing, on the eve of the trial. […]
Angola and Mozambique are the Portuguese-speaking African countries with the riskiest debt
The director of the emerging markets department at Oxford Economics said Sunday that Angola and Mozambique are the Portuguese-speaking African countries most at risk of […]
IMF has a resident representative in Cape Verde for the first time
The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]
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 […]
IMF approves new evaluation and disbursement to Cape Verde between compliments and warnings
The International Monetary Fund (IMF) announced the approval of the second evaluation of the assistance plan to Cape Verde, allowing it to disburse an additional […]