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

New customs tariff system feeds expectations of growth

The introduction in the coming months of a new customs tariff in Angola is feeding expectations among economic agents that replacing the current regime will be a

Mozambique | Economy still destabilized by liquidity crisis

The Mozambican economy will continue to be destabilized by a liquidity crisis due to public debt impossible to manage and the suspension of international aid, the Economist Intelligence

Zhejiang Electric Power Construction negotiating dam purchase in Brazil

The Chinese Zhejiang Electric Power Construction Co Ltd (ZEPC) is negotiating the purchase of a stake in the Belo Monte hydroelectric complex on the Xingu River

Entrepreneurs from CPLP and China meet in Cape Verde

From June 16 to 18, Cape Verde will host a meeting between businesspeople of the Community of Portuguese Speaking Countries (CPLP) and China under the theme

Half the population of Angola will have access to power by 2025

Fourteen million Angolans will have access to electricity from the national grid by 2025, announced in Soyo, the capital of Zaire province, the Minister of Energy

Interview | Patrice Trovoada: ‘We see Forum Macau as a major bonus’

Patrice Emery Trovoada is already well-known beyond the borders of São Tomé and Príncipe, well into the region of Central Africa. In just a few weeks, his notoriety

Cape Verde reinforces openness to foreign investment

Cape Verde, the Portuguese-speaking African country with the highest level of development and greatest political and economic stability, is preparing a set of measures to further open

The Buzz | 1st casino in Cape Verde opens

Casino Royal, the first gaming venue in Cape Verde opened on Thursday on the island of Sal. The project is attached to the Hilton Hotel and cost 5