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ANGOLA | 39 countries at the Luanda International Fair

Thirty-nine countries, including Angola, are signed up to take part in the 2014 Luanda International Fair (Filda), the event’s manager, Francisco Coutinho said Tuesday in ... Full story

PORTUGAL | Loan default rate hits highest level since 1998

Loan defaults by Portuguese families last May reached the highest level since 1998, according to the Bank of Portugal’s Statistical Bulletin published Tuesday in Lisbon.The ... Full story

Wave of investments precedes first Xi Jinping visit to Brazil

A wave of large Chinese investments is preceding the long-awaited first visit to Brazil by the President of China, Xi Jinping, which is expected to ... Full story

Angola linked to neighboring countries

Road links between Angola and neighboring countries will be in place by 2017, the director-general of the Angolan National Roads Institute (INEA) said. António Resende, ... Full story

Banco Espírito Santo expected to lose controlling stake in BES Angola

Portuguese bank Banco Espírito Santo (BES) is expected to lose its controlling stake in Banco Espírito Santo Angola (BESA) as its Angolan partners prepare to ... Full story

MOZAMBIQUE | Tuna company Ematum due to start fishing this year

Mozambican tuna fishing company Empresa Moçambicana de Atum (Ematum) is expected to start fishing before the end of this year following the arrival in Mozambique, ... Full story

ANGOLA: Public debt totals over USD33b at the end of 2012

The Angolan state’s total net debt, at the end of 2012, was USD33.314 billion or 29 percent of the country’s gross domestic product (GDP), Angola’s ... Full story

European Union supports projects over next seven years

The European Union plans to provide funding of around 210 million euros for development projects in Angola over the next seven years, according to information ... Full story

MOZAMBIQUE: President urges Portugal to invest in its former colony

The president of Mozambique, Armando Guebuza, Tuesday invited Portuguese businesspeople to invest in Mozambique, as, he said, it was a country where large and small ... Full story

Nigeria-São Tome and Príncipe joint exploration area contains oil

São Tomé and Prínciple and Nigeria have found an estimated amount of nearly 100 million barrels of commercially viable oil in Bloc 1 of the ... Full story

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