BFA improves Angola’s GDP growth to up to 4.5% in 2024
Banco Fomento Angola (BFA) has raised its growth forecast for Angola’s economy in 2024 to as much as 4.5%, following stronger-than-expected results in the third […]
National Statistics Institute
Angola’s economic situation worsens, consumer confidence declines
The economic challenges faced by Angola and its families have deepened over the past year, driven by rising unemployment and increasing prices for goods and […]
Cape Verde strengthens exports with canned goods to Spain
Cape Verde saw a 16% increase in goods exports and a reduction in imports year-on-year in the third quarter, with a notable rise in canned […]
A quarter of Cape Verdeans aged between 15 and 35 are unemployed and out of school
The Cape Verdean National Statistics Institute (INE) has revealed that nearly a quarter of the population aged 15 to 35 was unemployed and not engaged […]
Cape Verdean economy grew 8.5% in the second quarter
Cape Verde’s Gross Domestic Product (GDP) grew by 8.5% in real terms in the second quarter of 2024, according to the National Statistics Institute (INE) […]
Cape Verde’s GDP per capita grew 7% between 2015 and 2021
Cape Verde’s National Statistics Institute (INE) reported on October 1 that the country’s GDP per capita, representing the total wealth produced per inhabitant in a […]
Mozambique’s timber exports fell 75% in four years
Mozambique’s timber exports have plunged nearly 75% over the past four years, falling to 2.099 million tons in 2023, according to the National Statistics Institute […]
Mozambican economy grows 4.5% in the second quarter
Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]
Unemployment in Angola improved 0.2 points in the second quarter to 32.3%
The unemployment rate in Angola in the second quarter of this year was 32.3%, an improvement of 0.2 percentage points on the same period last […]
Cape Verde closed 2023 with inflation rate of 1.3%
Cape Verde closed 2023 with an inflation rate of 1.3%, the National Statistics Institute (INE) announced on Monday January 15, a sharp slowdown from the […]