Belt and Road Initiative | China considers Portugal ‘important partner’

China’s relations with Portugal are “in the best period of their history” and could be reinforced by the Chinese government’s “Belt and Road” initiative, in

Rubies from Mozambique sold at Singapore auction

A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of USD54.8 million, said the company, which is

Praia meeting is a success, says president of Cabo Verde TradeInvest

The meeting of businesspeople from China and Portuguese-speaking countries was a “huge step” for investments to be made in Cape Verde, said the president investment agency

Angola | Caio deep-water port to start operating in 2020

Construction work on the Caio deep-water port in Angola’s Cabinda province is expected to be completed by 2020, said the president of the project’s management

Mozambique | Nyusi seeks investments on visit to the United States

The president of Mozambique begun a three-day working visit to the United States of America, which is seen as an opportunity to strengthen political, economic and

Angola gives tax breaks to Chinese real estate projects

The China International Fund (CIF) has invested USD694 million in two real estate projects on the outskirts of Luanda that have allowed the construction of thousands of

Mozambique | Public debt is expected to be restructured, EIU says

Mozambique’s public debt is likely to be restructured and the inflow of foreign capital is expected to take time to return to previously recorded amounts, the Economist

Cape Verde | More promotion among Chinese entrepreneurs needed

Cape Verde should be made more widely known to Chinese business people and other citizens, the former deputy director of the Foreign Ministry’s Department of Foreign

Angola | Bank of China opens branch in Luanda

The Bank of China is due to open its first branch in Luanda this week, which will start operating as an investment bank before becoming a

Mozambique | Deck of the Maputo-Catembe bridge delivered this month

The metal parts that will make up the deck of the Maputo/Catembe bridge have already been built in China and are expected to arrive in Mozambique

Angola | Diplomatic and consular network will be reduced

Angola’s diplomatic and consular network will be reduced from September “in order to save human, technical and financial resources,” according to a presidential dispatch that creates an

Mozambique | President calls for resumption of international aid

The Mozambican President asked international organizations and countries that contribute financially to the State Budget to resume this support “so that the government can consolidate the country’s

Taxes in Angola can be paid in foreign currency

Tax payments in Angola will be able to be made in foreign currency, under an amendment to the General Tax Code approved on Tuesday by the members

Portugal considers financing itself in Chinese renminbi

Portugal is analyzing the possibility of public debt denominated in Chinese currency, the renminbi, in order to broaden “the investor base and attract financing,” Finance Minister

In the next decade | Angola and Mozambique among the top 10 tourist destinations

Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next decade,

World Bank increases aid to Cape Verde

The World Bank has increased from the amount of aid to be granted to Cape Verde over the next three years from US$42 million to US$90 million,

China donates USD146m to build infrastructure in São Tomé and Príncipe

China will donate USD146 million to São Tomé and Príncipe for construction of infrastructure under bilateral economic cooperation, said on Tuesday in São Tomé Prime Minister Patrice

Angola is China’s third largest oil supplier in February

In February Angola was China’s third largest oil supplier, after Saudi Arabia and Russia, with a 10 percent share, compared to 15 percent and 14 percent, respectively, for the