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Angolan flagship airline plans to fly to Kenya
The Kenyan government recently signed a new two-way air aviation agreement with its Angolan counterpart that will allow Angola’s flagship airline to start flying ... -
Portugal announces creation of development bank
Portugal’s new development bank, Instituição Financeira do Desenvolvimento (Financial Development Institution – IFD), is due to start operating this year with starting capital of ... -
Angola expects to receive 4.7m tourists in 2020
Angola expects to receive 4.7 million tourists in 2020, according to a forecast announced Thursday in Lisbon by the Director of the Angolan Institute ... -
East Timor pays salaries of Guinea-Bissau civil servants
The government of East Timor (Timor-Leste) week granted the Guinea-Bissau government funding of USD6 million to pay a month’s salary to all Guinean civil ... -
Cabo Verde Airlines wants second route to Brazil
Cabo Verde Airlines plans to start flying to the city of Natal, in the Brazilian state of Rio Grande do Norte, starting in November ... -
China funds reconstruction of fishing port in Mozambique
The government of Mozambique Wednesday in Maputo signed a framework agreement with China with a view to granting a loan of USD120 million for ... -
Angola | Japan grants funding to combat drought
The government of Japan will support the Angolan program to combat the effects of drought affecting 1.8 million people since 2012 with a contribution ... -
Angola’s first satellite schedule to start operating in 1Q 2017
Angosat, Angola’s first satellite, is expected to be placed in orbit and become operational in the first quarter of 2017, the Angolan Secretary of ... -
Angola reportedly the only country in Africa that makes more foreign investments than it receives
The large size of Angolan investments abroad, namely in Portugal, is already reflected in the country’s statistics, which showed that in 2013 Angola was ... -
APEC tourism meeting seen as opportunity to boost region’s image
The 8th Ministerial meeting of APEC (Asia-Pacific Economic Cooperation) tourism is an excellent opportunity to promote Macau’s image in the world and one of ... -
Growth of Angola’s economy expected to contract to 3.9 pct
The rate of growth of Angola’s economy is expected to decelerate to 3.9 percent in 2014 after posting growth of 6.8 percent in 2013, ... -
Portugal puts 31.5 pct of national postal company up for sale
The Portuguese government plans to sell the 31.5 percent stake that the state still holds in Portuguese postal company CTT – Correios de Portugal, ... -
Brazil promotes its cuisine in Shanghai
Brazil is promoting its cuisine through the second edition of Brazil Fashion and Food this week in the city of Shanghai, alongside the All ... -
Mozambique combats illegal fishing by ratifying int’l treaty
The government of Mozambique recently ratified a United Nations Food and Agriculture Organisation (FAO) agreement on port measures to combat, prevent, deter and eliminate ... -
Garuda Indonesia plans to connect Bali to East Timor
Indonesian flagship airline Garuda Indonesia is due in October to launch flights between Denpasar, Bali and Dili, the capital of East Timor, the airline’s ... -
Mozambique | Fiftieth Maputo International Fair receives over 84,000 visitors
The 50th edition of the Maputo International Fair (Facim) received 84,600 visitors, the Mozambican Institute for Export Promotion (Ipex), the event’s organizer, said Tuesday ... -
Angolan group starts internationalization in Lisbon
Angolan group Sociedade Comercial de Investimentos Gerais (Socinger) will begin its process of internationalization by opening a 4-star hotel as part of the Skyna ... -
Mozambique | Japan supports competitiveness of over 200 products
More than 200 Mozambican products are being made more competitive for national and international markets as part of a program supported by the Japan ... -
Angola | Completion of Benguela Railway will boost economic growth
Completion of reconstruction work on the Benguela Railway in Angola will have a positive effect on the economy, by stimulating sectors such as agriculture ... -
Cape Verde receives 273,000 tourists in first half of the year
The number of tourists who used hotel establishments in Cabo Verde (Cape Verde) in the first half of 2014 rose 1.2 percent year on ... -
Local economic growth slows to 8.1 pct in 2Q
Macau’s economy grew by 8.1 percent in real terms in the second quarter of 2014, unchanged compared to figure reported for the same period ... -
Portuguese-speaking countries should export food to China, IPIM says
The president of the Institute for Macau Institute for Trade and Investment Promotion (IPIM) said Tuesday in Maputo, that Portuguese- speaking countries (PLP) could ... -
Angola|Government grants new oil concessions to Sonangol
The government of Angola has awarded concession rights for oil exploration rights in onshore areas of the Lower Congo and Kwanza basins to state ... -
Chery Automobile opens first factory in Brazil
Chinese group Chery Automobile is opening its first factory in Brazil and also the first outside China, following investment of US$400 million, the Brazilian ... -
Macau company builds 50,000 social flats in Mozambique
Macau Charlestrong Engineering, Technology and Consulting Ltd will build 50,000 social housing units in the Mozambican provinces of Cabo Delgado, Nampula, Tete and Maputo, ... -
Angola builds banana processing unit
The first banana- processing unit in Angola is scheduled to start operating at the end of the year in Caxito, Bengo province, followed in ... -
Angola prepares management plans for river basins
A study is being carried out to draw up management plans for management of the Kubango, Kuvelai and Zambeza River basins, Angola’s Minister for ... -
Mozambique | Macau delegation attends opening of the 50th Maputo International Fair
The opening of the 50th edition of the Maputo International Fair (Facim), on Monday, was attended by around thirty businesspeople from Macau, who visited ... -
Angolan groups target telecommunications and banking sector in Cape Verde
Cabo Verde (Cape Verde) is the latest Portuguese-speaking country to attract the attention of major business and financial groups from Angola, which are expanding ... -
Stadium funded by China opens
The first official game at the National Stadium in Cabo Verde (Cape Verde) will be held on 10 September, when the Cape Verdean national ... -
Angola expected to produce over 2m barrels of oil per day in 2016
Oil production in Angola is expected to reach between 2.1 and 2.2 million barrels per day in 2016, ratings agency Moody’s said in a ... -
Maputo International Fair receives 2,700 applications for registration
The Maputo International Fair (Facim) this year has 2,700 companies registered, 700 more than last year, representing 26 countries, said the president of the ... -
Macau banking system has USD127b in international assets
International assets in the banking sector totaled to 1,018 billion patacas (USD127 billion) at the end of June, a quarterly increase of 9.5 percent ... -
Standard & Poor’s lowers projection for growth of Angola’s economy
Standard & Poor’s lowered its growth forecast for Angola from 8 percent to 4.5 percent this year with a “stable” outlook, according to the ... -
Angola | Re-launch of production by LNG consortium expected only in 2015
The Angola LNG consortium is only expected to start producing liquid natural gas (LNG) once again in 2015 after a stoppage in April of ...
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