Central Africa
Rising Inflation in Angola Reaches Seven-Year High
In April 2024, Angola experienced a sharp rise in inflation, reaching a seven-year peak of 28.02%.
This increase marks the 12th consecutive month of upward...
São Tomé and Príncipe Seeks Colonial Reparations from Portugal
On May 2, 2024, São Tomé and Príncipe in Africa announced its intent to seek colonial reparations from Portugal.
Education Minister Isabel Abreu outlined the planned negotiations with Portugal.
She spoke at a regulatory meeting, highlighting...
Angola’s Debt Surge in 2023: A National Challenge
In 2023, Angola faced a daunting economic challenge as its public debt soared to $80.61 billion, claiming 88% of its GDP.
This marked an 11.46%...
Conflict Minerals and Corporate Accountability: The DRC vs. Apple Saga
In the heart of Africa, the Democratic Republic of the Congo (DRC) faces a...
Debt Challenges in Lusophone Africa And Beyond
External borrowing serves as a pivotal resource for fostering growth and addressing financial shortfalls.
However, unmanaged debt accumulation poses significant...
Addressing Africa’s $66 Billion Resource Debt Challenge
Recently, AfDB President Akinwumi Adesina criticized resource-backed loans for burdening African nations with unclear, risky debts.
Adesina criticizes these loans for their lack of transparency...
Abu Dhabi Ports To Transform Angola’s Primary Maritime Gateaway
In a landmark deal, Abu Dhabi Ports Group (AD Ports) has committed to a transformative investment in Angola's Port...
Eroding Trust: São Toméans’ Growing Distrust in Their Protectors
In the lush, tropical islands of São Tomé and Príncipe, a story unfolds that mirrors many across the globe.
It...
Angola’s Global Effort to Retrieve $1.9 Billion
Angola is spearheading a major international effort to recover nearly $1.9 billion tied to...
Africa’s Robust Economic Outlook for 2024
In 2024, Africa's economy is set for a significant rebound, demonstrating resilience amid past global...
Angola Eyes 2.8% Economic Growth Balancing a 2.5% Decline in Oil Production
The World Bank projects Angola's economy to grow by 2.8% this year, a significant increase from last year's 0.8%.
This...
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