The African Export-Import Bank (Afreximbank) hopes to raise $8 billion to offset revenue losses some countries will face due to the free trade agreement on the continent
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CPLP: "Investment Bank has no legs to stand on
Angolan economist Carlos Rosado de Carvalho "does not believe" in the materialization of an investment bank for the CPLP, defending "urgency" in improving the mobility of people, because the economic actions in the community "work more on a bilateral basis
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Meet the most sustainable countries in the world
The United Nations Sustainable Development Report gives the top spot on the podium to Finland. With a score of 85.9 out of 100, it is the country closest to achieving all 17 sustainable development goals (SDGs) endorsed by the UN General Assembly in 2015
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"Economic recovery is almost impossible without more vaccines" - African Union
The African Union's Trade and Industry Commissioner argued this week that economic recovery is virtually impossible without accelerating the vaccination process in Africa, where less than 3% of the population has been immunized
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Covid-19: "Delta variant is more worrisome in emerging economies" - Capital Economics
The consultancy Capital Economics said Monday that the rapid spread of the Delta variant of the new coronavirus is more threatening in emerging economies because the rate of immunization is slower, particularly in Africa and Asia
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After 25 years, leaders focus on mobility and economic cooperation
The Community of Portuguese Language Countries (CPLP) celebrated its 25th anniversary this Saturday in Luanda with the conclusion of a framework agreement for mobility, concrete proposals to strengthen economic and business cooperation and a warning to Equatorial Guinea
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Isabel dos Santos will not receive "not one cent" for the nationalization of Efacec
Isabel dos Santos will not receive any compensation for her stake in Efacec, under the terms of the Law that governs nationalizations, since it is in negative territory
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Arrests in South Africa rise to more than 3,400 after riots
The number of arrests in South Africa has risen to 3,407 following recent riots and looting that caused 212 deaths, the National Operations and Information Structure said
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CPLP commits to measures to address climate emergency
CPLP leaders pledged Saturday to accelerate implementation of climate action measures, including those approved by the United Nations, such as strengthening sustainable economic models and energy efficiency
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Debt to Paris Club countries up 10% in 2020
The accumulated debt of all the countries in the Paris Club, an informal organization of creditor countries, has risen by more than 10%, to nearly $350 billion, on a list of debtors led by Greece