Finance
Mozambican tax authorities collected US$2B in the first half
Mozambique's Tax Authority has collected 127 billion meticais (US$ 2 billion) in the first half of...
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Somalia to receive US$100M from World Bank to boost country’s health sector
The World Bank approved the Improving Healthcare Services in Somalia Project, known as “Damal Caafimaad,” which...
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Asian Infrastructure Investment Bank makes first move into sub-Saharan Africa
The China-backed Asian Infrastructure Investment Bank (AIIB) approved its first project in sub-Saharan Africa last Thursday,...
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Fitch maintains Mozambique’s CCC rating and forecasts growth of 1.8% this year
Credit rating agency Fitch has just announced its decision to keep Mozambique's "rating" in CCC due...
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Mozambique Central Bank maintains interest rate at 13.25%
The Bank of Mozambique's Monetary Policy Committee (CPMO) yesterday decided to maintain the monetary policy interest...
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Equity Group defies pandemic to surpass US$10B mark
Equity, Kenya’s second-biggest bank weathered the effects of the Covid-19 pandemic to surpass the US$10 billion...
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