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Nyusi invites Indian entrepreneurs to invest in Mozambique
The President of Mozambique invited Indian businesspeople to invest in Mozambique, preferably through partnerships with local companies during the Mozambique/India Business Forum, Mozambican daily ... -
Mozambique | Prices for sugar imports raised
The government of Mozambique has decided to increase benchmark prices for sugar imports in order to protect domestic industry from “unfettered entry of the ... -
AICEP boosts presence in Asia
Portugal’s AICEP Global Trade and Investment Agency plans to open offices in Dili, East Timor and Seoul, South Korea, this year and in Mumbai, ... -
China and Angola sign mutual currency acceptance agreement
Angola has signed a monetary agreement with China under which national currencies are now accepted in both countries, Angola’s trade minister, Rosa Pacavira said ... -
Chinese group with highest proposal to buy Novo Banco
The most interesting financial proposal for the purchase of Portugal’s Novo Banco is the one from the Chinese insurance group Anbang, offering 3.2 billion ... -
East Timor gains support to join ASEAN
Indonesia will renew its defense of East Timor’s admission to the Association of South East Asian Nations (ASEAN) during the 48th meeting of foreign ... -
Angolan trader Mike (l) bargains with miss Zhou, a Chinese retailer in a wholesale market in Xiaobei Road, a commercial area in Guangzhou
Next October Portugal plans to reopen a Consulate General in Guangzhou, according to Portuguese daily newspaper Diário de Todos. The newspaper reported the joint ... -
Angolan diamond sales increase by 35 percent
Sales of Angola’s diamonds have increased year on year by nearly 35 percent in the first half of this year, exceeding USD573 million and ... -
Chinese financing to Mozambique increases 160 pct in 2 years
China is now Mozambique’s largest creditor, after increasing its funding to the African country by 160 percent since 2012 as significant Chinese investments are ... -
Angola Cables builds submarine station in Brazil
Angola Cables, an Angolan company that will manage the operations of the fiber-optic submarine cable between Angola and Brazil through the cities of Luanda ... -
Portuguese company sets up chocolate factory in Angola
The managing director of Portuguese chocolate factory Avianense, founded in Viana do Castelo in 1914, announced the company was in talks with Angolan investors ... -
Mozambique | Mine has gem reserves of 432 million carats
An independent report shows that the Montepuez Ruby Mining concession in northern Mozambique could contain reserves of 432 million carats of rubies and corundum, ... -
Business mission from Brazil visits Angola and Mozambique
A delegation of the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) including 40 companies in the machinery, equipment, building, construction, food and beverage sectors ... -
Angola | Gov’t lists projects for private investment
The government of Angola has identified a number of priority projects that require investments of USD47.9 billion, which are viable and attractive in both ... -
France pardons Mozambique’s remaining debt
France has pardoned the remaining debt owed to it by Mozambique totalling 17.5 million euros, to mark the three-day state visit by President Filipe ... -
Angolan airline gives up flights to Dubai
Reduced passenger numbers have led the board of directors of Angolan airline TAAG to bring flights to Dubai (United Arab Emirates) to a halt ... -
Angola | Germany and Italy showcased at largest trade fair
The 32nd edition of the Luanda International Fair (Filda) started yesterday in Luanda with the participation of 40 countries and territories and 930 national ... -
Mozambique | Banking sector attracts the attention of major international banks
The Mozambique banking sector, which has high growth and good business prospects arising from foreign investment in exploration of natural resources, is attracting the ... -
Cape Verde | Economic prospects improve
The economic prospects in Cape Verde improved slightly in the second quarter but the confidence indicator remained below the series average, reported the archipelago’s ... -
Portugal suspends issuing golden visas
The Portuguese Foreigner and Borders Service (SEF) has suspended the issuing of gold visas requested since the beginning of July, based on a decision ... -
China supports professional training in Angola
Angola continues to experience rapid socio-economic development, which means it is urgent to implement continual training of its citizens, the Chinese Ambassador to Angola ... -
Sino-Portuguese partnerships are ‘success story’
The “strategic partnership” of power company EDP – Energias de Portugal and China Three Gorges Group (CTG) is “a success story” for the Portuguese ... -
Standard & Poor’s lowers Mozambique’s credit rating
Standard & Poor’s has lowered its credit rating on Mozambique from “B” to “B-” on the grounds that restructuring of a state-endorsed loan ... -
Int’l tender for Bissau port management
The Guinea-Bissau government has launched an international tender to transfer management of the port of Bissau to private entities, the Secretary of State for ... -
Angola increases beef production
The government of Angola plans to spend 90.5 billion kwanzas (USD732 million) by 2018 to increase beef production and reduce imports, which provide 79 ... -
Angola and Italy sign cooperation agreements
The governments of Angola and Italy signed three bilateral cooperation instruments, notably for the development of agriculture, during a visit that ended Tuesday by ... -
Cape Verde compiles 40 years of statistical data
Cape Verde’s National Statistics Institute (INE) has compiled a publication that reveals the evolution of Cape Verdean society over its 40 years of independence, ... -
Angola | François Hollande visit results in orders for French companies
The visit by the President of France, François Hollande, to Angola resulted in the signing of letters of intent to order hundreds of millions ... -
Brazil 9th largest AIIB shareholder
Brazil is the ninth largest shareholder of the Asian Infrastructure Investment Bank (AIIB), the first international financial institution established by China, according to state ... -
Portugal | Mainland groups put forward proposals to buy Novo Banco
Chinese groups Fosun International and Anbang Insurance and the US fund management company Apollo Global Management have presented binding proposals for the purchase of ... -
Angola | Chinese company hired to build hydroelectric plant
The government of Angola has hired a consortium made up of the China Gezhouba Group Corporation (CGGC) and Niara Holding to build the new ... -
Mozambique to launch wave of privatizations
More than 50 percent of companies in which the Mozambican state has a stake are not considered strategic and may be privatized. The president ... -
Brazil and China create cooperation fund
Brazil and China decided to create the Brazil/China Cooperation Fund for Expansion of Production Capacity with a budget of USD20 billion, according to an ... -
Hydropower projects in Mozambique attract Chinese groups
Mozambique is a target country in the internationalization of China Three Gorges and China State Grid and two major hydroelectric projects that are being ... -
Thousands of Portuguese companies rely on Angola
More than half of the 9,440 Portuguese companies that export to Angola have the West African country as their only foreign market said Portuguese ...
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