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Chinese group BYD analyses construction of a second factory in Brazil
Chinese group BYD is analyzing construction of a mobile phone battery factory at the Manaus Industrial hub, in the capital of the Brazilian state ... -
MOZAMBIQUE | Government to issue new oil and gas prospecting licenses
The approval of the proposed Oil Law will allow the Mozambican government to issue new prospecting licenses to companies that will have to partner ... -
Angola | Coffee seedlings distributed to producers
More than 20 million coffee seedlings are due to be produced by the end of the year, according to the director of the National ... -
East-Timor aims to attract investment from China via Macau
East-Timor’s (Timor-Leste) new delegate to the Permanent Secretariat of Forum Macau aims during his three-year term to attract more investment to his country from ... -
Mozambican government to legislate on natural gas
The Mozambican government plans to legislate on the liquefaction process for natural gas from areas 1 and 4 of the Rovuma Basin in Cabo ... -
China Railway Construction completes rebuilding of Angola’s Benguela railroad
China Railway Construction has completed the project to rebuild Angola’s 1,344 km long Benguela railroad, which stretches from the Atlantic Ocean to the border ... -
Stadium financed by China to open in Cape Verde on 23 August
The National Stadium of Cabo Verde will be inaugurated this coming 23 August with a football game played by the Barlavento and Sotavento women’s ... -
Sasol builds new gas pipeline between Mozambique and South Africa
The first construction phase of the second pipeline to distribute natural gas from the Temane Processing Centre in Mozambique’s Inhambane province will be completed ... -
Angola| Stock exchange scheduled to open in November
Angola’s stock and debt exchange (Bolsa de Dívida e Valores de Angola – Bodiva) is scheduled to open in late November, the head of ... -
Chilean president visits Angola and Mozambique to strengthen bilateral ties
Chilean President Michelle Bachelet arrived in Luanda on Monday for a 24-hour visit to Angola, following a visit to Mozambique where she re-launched the ... -
World Bank warns of Mozambique’s economic ‘vulnerability’
The Mozambican economy should grow at a pace above the average for sub-Sahara African countries in 2014, but “remains vulnerable” to risks associated to ... -
China the second main market for automobiles made in Portugal
China is the second main market for automobiles produced in Portugal, surpassed only by Germany, the Portuguese Automobile Trade Association (ACAP) reported in Lisbon. ... -
Angola modernises tax system to attract business investment
Angola has been working for the last three years to modernise its corporate tax system to make it more effective and attractive with respect ... -
Indian consortium to invest USD300 million in Mozambican coal mine
India’s International Coal Ventures Ltd (ICVL) consortium plans to apply USD300 million to expansion of the Benga coal mine in Mozambique, the company’s executive ... -
2014 Maputo International Fair scheduled for 25-31 August
The 50th Maputo International Fair (Facim) will be held from this coming 25 to 31 August, with the participation of 25 countries and territories confirmed ... -
World Bank announces USD75 million financing for Mozambique
The World Bank plans to donate USD50 million to improve the management system in Mozambique’s education and health sectors and also to finance development ... -
Brazil open to strengthening agricultural cooperation with Angola
Brazil is open to more extensive cooperation with Angola so that the latter can once again become one of Africa’s top agricultural producers, the ... -
Mozambique forecasts more exports to the USA
Mozambique’s exports to the United States may reach USD500 million in the next two years under the aegis of the African Growth and Opportunity ... -
Angola the sub-Saharan country with highest growth since 2007
Angola has posted the highest economic growth in sub-Saharan Africa since 2007 and stands among countries with the highest per capita gross domestic product, ... -
Angola | Gov’t lowers projected economic growth in 2014 to 6 pct
The Angolan economy will grow by 6 percent in 2014, 2.8 percentage points less than the 8.8 percent forecast at the beginning of the ... -
China sells trains to Rio de Janeiro, Brazil
The third shipment of trains acquired in China by the government of Brazil’s Rio de Janeiro state arrived in the city’s port on Sunday ... -
Intervention process completed for failed bank in São Tomé and Príncipe
The Central Bank of São Tomé and Príncipe has declared that the intervention process involving Island Bank, a failed private bank sold to Energy ... -
National Bank intervenes in BES Angola
The solution adopted for Banco Espírito Santo Angola (BESA) will enable the Angolan financial system to remain stable and assure continuity of the relationship ... -
Angola | Resurgent textile industry helps diversify economy
The recovery of Angola’s textile industry, with machinery imported from Japan, South Korea and China, is a major step forward in diversification of the ... -
ANGOLA | Minister urges US entrepreneurs to invest in transportation network
The Angolan Minister of Transportation urged American investors in Chicago to invest in rail transportation, heavy logistics and the maritime/port sector in Angola, the ... -
Trade between China and Lusophone countries reaches USD64.6b in first half-year
Trade between China and the Portuguese language countries amounted to USD64.680 billion in the period from January through June, up 6.83 percent year-on- year, ... -
Banco Espirito Santo may lose control in Angola
Portugal’s Banco Espirito Santos (BES) runs the risk of losing control of BES Angola as the Angolan banking regulator has forced the bank to ... -
Non-oil GDP in East Timor rises 7.8 percent in 2012
Non-oil Gross Domestic Product (GDP) in East Timor (Timor Leste) rose 7.8 percent in 2012, the spokesman for the Timor government and Minister of ... -
Embraer increases aircraft sales
Brazilian aeronautical company Embraer delivered 29 executive jets in the second quarter of the year, or 7 more airplanes than in the same period ... -
Unitel-STP launches telecommunications services in Sao Tome
Unitel-STP, a subsidiary of Angolan mobile phone operator Unitel, Tuesday launched its commercial telecommunications services in Sao Tome and Principe the company’s managing director, ... -
Mozambique seeks funding for cashew production
Mozambique’s Cashew Institute (INCAJU) said it needs funding to launch commercial cashew production in Mogovolas, Nampula province. Filomena Maiopué, director of INCAJU said that ... -
MOZAMBIQUE | Japanese business mission studies investment opportunities
A business mission from Japan headed up by the country’s deputy Foreign affairs Minister, Norio Mitsuya started a two-day visit to Mozambique to study ... -
TAP due to start flying to Guinea Bissau again in October
Flights between the Portuguese capital and Guinea Bissau operated by TAP will start again on 26 October, the chief executive of the Portuguese airline, ... -
Mozambique receives funding of USD32b for infrastructure
Mozambique is one of three of the main foreign investment destinations in Africa and over the next few years is expected to be home ... -
Portugal is biggest foreign investor
Portugal topped the list of foreign investors in Mozambique in the first half of the year, with a total of US$248.8 million, accounting for ...
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