The Chairman of the Board of Directors of Taag, Joaquim Cunha, told the radio station that the new executive directors should take office soon, under the terms of an agreement
The revival of cotton production in two locations in the city of Sumbe, the capital of Angola’s Kwanza Sul province, will begin in January 2016, according to technicians from the
The Chinese group Haitong Securities plans to make Lisbon the European base of Haitong Bank, the new name given to the newly acquired BESI. Moreover it’s looking to expand in
The Director of Total E&P Angola, Jean-Michel Lavergne, warned that if oil exploration costs in Angola did not come down significantly, the country runs the risk of no longer having
Daily financial newspaper Diário Económico also reported that the sale of Novo Banco was expected to be postponed until after the Portuguese elections on 4 October. Apollo’s proposal, believed to
Nearly half of foreign direct investment in Portugal in 2014 originated in Brazil, Angola and China, contributing to increasing interconnectedness between these economies, according to official data. The latest data from
China’s Hainan Airlines and Brazil’s Azul signed an agreement to launch a connection between China and Fortaleza in the Brazilian state of Ceará, with a stopover in Lisbon, Portugal, reported
In the first seven months of the year China imported goods worth USD35.893 billion (-32.01 percent) from the eight Portuguese-speaking countries and sold them goods in the amount of US$22.794
The hotel and tourism sector in Angola has 14,000 rooms and 18,000 beds in 185 hotels, 88 resorts, 14 apartment hotels and six inns, employing over 202,000 people, said the
Portugal’s economy grew 1.5 percent year-on-year in the second quarter of the year and 0.4 percent over the previous quarter, indicate figures released on Monday in Lisbon by the National
The President of East-Timor, Taur Matan Ruak, began yesterday his first official visit to China, during which various meetings and ceremonies will take place, indicates a statement released on Monday
The oil groups involved in exploiting the Area 1 bloc of northern Mozambique’s Rovuma Basin plan to invest nearly USD24 billion to begin extracting natural gas, the Press Trust of
The establishment of a maritime link between Brazil and Angola is vital for enhancing bilateral trade, Brazil’s new ambassador in Angola, Norton Rapesta, recently said. If that connection becomes a reality
East Timor should obtain observer status in the Association of Southeast Asian Nations (ASEAN) before the end of the year, said the country’s Economic Affairs Coordinator and Agriculture and Fisheries
Moody’s credit rating agency has downwardly revised the growth forecast for the Angolan economy to 4.1 percent in 2015 and 4.7 percent in 2016, anticipating a budget deficit of 3
Portugal should remain in a situation of excessive budget deficit until at least 2016, although the economic recovery is consolidating, indicate the spring economic forecasts released this week by the
Ito, who was on a two-day visit to Namibe province, said he would ask the city’s port administration for details about costs associated to the modernisation plan’s second phase in
The Cape Verde (Cabo Verde) company Fogo Coffee Spirit has sold 6,960 kg of coffee to the American company Starbucks, the first time the company has placed its products in
Fosun International has performed worst in relative terms, depreciating by 29.8 percent on the Hong Kong Stock Exchange. In Portugal it controls the Fidelidade (insurance), Luz Saúde (health) and Redes
Angola is the eight-ranking African country with the most Chinese investments, 189, on a list topped by Nigeria with 404, indicates a compilation by the Brookings Institution in the USA,
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