China’s financing still essential to Angola

Angolan public finances remain under pressure, despite improvements in the oil market and the country’s economic diversification efforts, with funding from China to remain key source

Going global | Zhuhai Airport aims to double its passengers by 2020

Zhuhai Jinwan Airport (ZUH) aims to establish itself as a hub for business jets and implement a pilot training facility – ambitious goals for the smallest

Mozambique | Economic growth is expected to increase from 2018

Mozambique will return to a period of increased economic growth between 2018 and 2021, during which the economy is expected to grow at an average rate of

Angola starts exporting mangoes to Portugal

A ship moored at the port of Namibe, southern Angola, within the next few days will travel to Portugal carrying a shipment of 35.7 tonnes of mangoes

PRD and Macau are ‘land of opportunity’ for African traders

The Pearl River Delta, Hong Kong and Macau are the preferred “base” for African traders in China who have found “plenty of opportunities” there, according to several

Air Timor suspends links to Bali, blames own gov’t

Air Timor, which from yesterday suspended its flights between Dili and Denpasar (Bali), has blamed the government of East Timor for decisions that led to it

Angola air transport in downturn

Air transport in Angola in 2016 recorded a 28 percent decreases in aircraft movements, 11 percent in passenger numbers, 19 percent in cargo carried and 13 percent in

Mozambique | Prices one quarter higher in 2016

Prices in Mozambique ended 2016 with a cumulative increase of just over 25 percent, which was one of the highest increases in the cost of living

Sao Tome and Principe expects Chinese investment

The restoration of diplomatic relations between China and Sao Tome and Principe, after an interruption of nearly two decades, ends a period of re-approach that has quickened

Angola National Bank keeps benchmark interest rate at 16 percent

The National Bank of Angola decided to keep key interest rates unchanged including the BNA rate that will end the year at 16 percent, according to the decisions of

Guinea-Bissau government awards Chinese doctors

The Health Minister of Guinea-Bissau, Carlitos Barai, last week awarded diplomas of merit to 17 Chinese doctors who completed their mission in the country, within the framework of existing cooperation

Angola’s projected population over 67 million in 2050

Angola will have an estimated population of 67.92 million inhabitants in 2050, indicates the 2014-2050 Population Projection produced by the country’s National Statistics Institute (INE) and presented last week

Azores Airlines to begin flights to Cape Verde in 2017

Azores Airlines, a subsidiary of Portugal’s SATA group, will begin flying connections to Cape Verde and Barcelona in the 2017 IATA summer season (April to October), the group’s

Cape Verde wants to join the Schengen area

The Minister of Foreign Affairs of Cape Verde, Luís Filipe Tavares said that the possibility of Cape Verde being an extension of the free movement Schengen area in European

EIU predicts | Mozambique will grow 3.6pct in 2016

The economic growth in Mozambique in 2016 is expected to be 3.6%, the lowest recorded in the last fifteen years by that Portuguese-speaking African country, according to

Angola | Sonangol needs to undergo financial restructuring

Angolan state oil company Sonangol needs to undergo financial restructuring and USD1.569 billion to guarantee payments until the end of this year, said on Thursday in Luanda