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Mozambique’s flagship airline carries more passengers in 2014
Mozambican flagship airline Linhas Áereas de Moçambique (LAM) in 2014 recorded an increase of 10 percent in passenger numbers, during which the national flag ... -
Queen of High Fashion – From small boutique to empire of luxury brands
Three decades ago, a young girl scraped together her savings of 5,000 patacas to start a small boutique in Macau. Terry Sio, then a ... -
Angola takes on loan from South Africa
Angola will borrow USD216 million from the Rand Merchant Bank, South Africa, to be used to finance the project to repair two national roads, ... -
Portuguese-speaking countries approve projects for Guinea-Bissau
The Community of Portuguese-Speaking Countries (CPLP) has approved projects in the areas of vocational training and health for Guinea-Bissau, the Director of Cooperation of ... -
Angola joins the Lisbon Tourism Fair
Angola is taking part in the 27th edition of the Lisbon Tourism Fair (BTL), which opened Wednesday and runs until 1 March at the ... -
Angola | Parliament approves revised 2015 budget
The Angolan parliament Wednesday approved, in general terms, the bill to revise the State Budget (OGE 2015), which includes estimated revenues of 5.4 trillion ... -
Mozambique | Port of Nacala processes record cargo in 2014
The port of Nacala, in Mozambique’s Nampula province, processed a record amount of cargo in 2014, totaling over 2 million tons, while the number ... -
Angola starts issuing multiple entry visas
In March Angola will start issuing ordinary and tourist multiple-entry visas, the country’s Interior Minister, Angelo Veiga Tavares said Monday cited by Angolan news ... -
2014 Trade between China and Lusophone countries reaches USD132.58b
Trade between China and the Portuguese-speaking countries in 2014 reached USD132.58 billion, an increase of 0.85 pct over the figure recorded in 2013, according ... -
Sao Tome and Principe posts trade deficit of USD154.5m
The trade balance of Sao Tome and Principe for 2014 recorded a deficit of 154.5 million dollars, an increase of 11% over the deficit ... -
Angola negotiates fishing project in Italy
A continental fisheries and communal aquaculture project was the subject of a meeting last week in Rome, between a delegation from Angola and representatives ... -
EU supports 16 development projects in Guinea-Bissau
The European Union (EU) has allocated 7 million euros to 16 projects in Guinea-Bissau within the framework of “European aid” to support cooperation and ... -
Portugal | Public debt reaches 224.5 billion euros in 2014
Portugal’s public debt at the end of 2014 is expected to have stood at between 127.9 percent and 128.7 percent of gross domestic product ... -
IMF warns of ‘tough period’ for Angola in 2015
The Angolan government’s proposal to revise the State Budget for 2015 due to the significant decline in oil prices was “timely and fast,” the ... -
Angola| Standard & Poor’s lowers credit rating
The Standard & Poor’s rating agency (S&P) downgraded its credit rating of Angola’s debt in foreign currency from while maintaining a stable outlook, the ... -
Portugal is China’s 4th biggest European investment destination
Portugal was the fourth country in Europe to receive the most Chinese investment in the last ten years, ahead of much larger economies such ... -
China boosts support to Cape Verde in 2015
The Chinese government will increase support for Cape Verde, with priorities focusing on the health, education and agricultural sectors, Chinese ambassador to Cabo Verde, ... -
Portugal | Three Chinese groups interested in buying Novo Banco
Three of the 17 expressions of interest to buy Portuguese bank Novo Banco are from Chinese groups, a Portuguese newspaper Diario Economico said citing ... -
Chinese tourists spend 33 million euros in Portugal
Tourism income generated in Portugal by tourists from China totaled 33.5 million euros from January to August 2014, more than double the figure for ... -
Benguela Railroad reconnects coast and interior of Angola
The inaugural train on the Benguela Railroad (CFB), linking the Angolan coast to the country’s border with the Democratic Republic of Congo, arrived Thursday ... -
Portuguese-speaking countries rise in Index of Economic Freedom
Six of the eight Portuguese-speaking countries recorded increases in the 2015 Index of Economic Freedom, drawn up by the US Heritage Foundation, the exceptions ... -
Angola mines 10 million carats of diamonds in 2014
The 10 million carats of diamonds mined in Angola in 2014 generated revenue of USD1.6 billion, according to provisional figures from the Ministry of ... -
Angola issues USD20 billion in debt in 2015
Angola plans this year to issue public debt of USD20 billion to private investors and pay interest of up to 7 percent, the director ... -
Mozambique | IMF recommends higher fiscal transparency
An International Monetary Fund (IMF) report recommends that Mozambique strengthen the implementation of reforms to improve its fiscal transparency, considering the macroeconomic challenges facing ... -
Mozambique could adopt Chinese model of Special Economic Zones
Mozambique has the necessary conditions to successfully adopt the Chinese model of Special Economic Zones, which helped to boost the Chinese economy, according to ... -
Angola | Credit to the economy remains sound
Lending to the economy has remained “solid” since the beginning of the year, despite budget restrictions, due to the economic diversification program, Angola’s Minister ... -
Cape Verdean central bank wants more lending to the economy
The Bank of Cape Verde wants commercial banks operating in the archipelago this year to supply more credit to the economy, thus contributing ... -
Angola plans to receive 4.6m tourists by 2020
Angola’s Ministry of Hotels and Tourism wants the country to receive over 4.6 million tourists by 2020, in view of the increase in Gross ... -
Angola’s 2013-2017 National Development Plan still in place
The government of Angola has concrete measures to address the current drop in oil prices without having to disrupt the national economy, the national ... -
Rio de Janeiro, Brazil, receives first train made in China
The first train to run on Line 4 of the Rio de Janeiro metro connecting the Olympic Village to the Copacabana game center, is ... -
IMF questions sustainability of Portuguese public debt
The International Monetary Fund (IMF) questioned the sustainability of Portuguese public debt, in the face of economic weakening and relaxation of the deficit in ... -
Angola | Urban renewal process in two Luanda neighborhoods starts
The government of Angola will start a special program for the conversion and urban renewal of the neighbourhoods of Sambizanga and Operário in the ... -
Diamond polishing carried out in Angola
The diamonds mined in Angola will now be fully polished in the Angola Diamonds Polishing factory, which was re-opened Monday following a restructuring process ... -
Economic climate in Cape Verde remains in decline
The economic climate indicator in Cape Verde in the fourth quarter of 2014 continued on the downward trend of recent quarters and registered the ... -
Prime Minister son’s shooting seen as attack on state
The shooting of the son of Cape Verde’s Prime Minister Jose Maria Pereira Neves on Dec. 30 is an attack on the state and ...
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