By the AFREEQUE newsroom, based on Téla Nón
A court seizure of €5.5 million targeting São Tomé and Príncipe affected a central bank account in the dispute with Synergies. The government proposes paying €1 million due in 2026, €1 million in 2027 and €650,000 in 2028, according to minister Gareth Guadalupe.
São Tomé and Príncipe's government is challenging in court in Portugal the seizure of its central bank's account, sought by Synergies Investments Limited over compensation of 5,486,835.59 euros. The finance minister invokes sovereign asset immunity, according to Jornal Económico and Gareth Guadalupe.
🇸🇹 São Tomé and Príncipe · Source: Rádio Somos Todos Primos ·
The Central Bank of São Tomé and Príncipe warns that the ASDIS credit cooperative is not authorised to operate in the country. The financial regulator urges the public and economic stakeholders to take note of the warning, according to Rádio Somos Todos Primos.
🇸🇹 São Tomé and Príncipe · Source: Rádio Somos Todos Primos ·
🇿🇼 Zimbabwe · Source: Daily News (Zimbabwe) ·
State-owned company EMAE proposes investing 1.5 million dobras, or around 60,000 euros, to capture and treat river water and supply Mé-Zochi reservoirs. Water director Nilton Lima says the government has not yet granted the funding, as the sources used by the district can no longer meet demand, according to Téla Nón.
🇸🇹 São Tomé and Príncipe · Source: Téla Nón ·
São Tomé to put Chinese customs scanners into service on 1 DecemberSão Tomé and Príncipe will put Chinese customs scanners into service on 1 December following a donation valued at seven million euros. The equipment, intended for Ana Chaves port and Nuno Xavier International Airport, is expected to strengthen checks on goods and baggage, according to Téla Nón.
ADF attacks drive cocoa producers away from plantations in North KivuAttacks attributed to the Allied Democratic Forces (ADF) in North Kivu are forcing a growing number of cocoa producers to temporarily abandon their plantations, fearing encounters with fighters. The insecurity threatens farming activities in eastern DR Congo, following two new attacks reported this week, reports RFI.The week in Africa
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