Chinese companies start building refinery in Angola

Construction of the Soyo refinery was awarded to two Chinese companies. The work should be completed in 26 months and will occupy an area of ​​220 hectares in a significant

Mozambique | Event assesses potential of business tourism

An event dedicated to business tourism was set to bring together operators and the public yesterday in the Mozambican capital to assess “the qualities and capabilities” of the sector in

President of Angola to make official China visit

The President of Angola, José Eduardo dos Santos, was invited to pay an official visit to China, which should happen “very soon”, the Chinese ambassador to Angola announced Monday in

British company studies natural gas project in East Timor

The government of East Timor has selected London firm Amex Foster Wheeler to conduct an engineering study for the Beacu project, which involves a liquefied natural gas processing plant in

Cape Verde and China look to boost two-way cooperation in Beijing

Cape Verde and China yesterday began the 2nd meeting of the Joint Commission for Cooperation, Economic, Commercial and Technical Cooperation between the two countries during which Cape Verde plans to

China deepens level of involvement in Brazil

The visit by the Chinese Prime Minister Li Keqiang, to Brazil last week, nearly a year after one by President Xi Jinping, deepened the level of engagement between the two

Portuguese group buys Angolan state coffee company

Angonabeiro, an Angolan company under the Portuguese Nabeiro group, will invest USD1 billion in the purchase of the entire share capital of Angolan state coffee company Liangol, said the managing

Cape Verde | Airports receive new satellite navigation system

Airport safety company ASA of Cape Verdean plans to install a Global Navigation Satellite System (GNSS) at the international airports of São Vicente and Boa Vista, the chairman of the

Latin American airlines compete to buy TAP

The newspaper said approval had been given to proposals from the business groups of US businessman David Neeleman, who controls Brazilian airline Azul in partnership with Portuguese businessman Humberto Pedrosa,

Mozambique | Market capitalization triples in five years

Market capitalization in Mozambique rose from 16.998 billion meticais in 2011 to 51.453 billion in 2015, an increase of 302 percent or 8.6 percent of the country’s gross domestic product

Equatorial Guinea hopes to join Forum Macau

Equatorial Guinea wants to join Forum Macau and “apparently it has China’s blessing,” a diplomatic source told the Times. The membership of Eq. Guinea, a Franco-Lusophone-Spanish country, “may be formalized

Brazil and China sign 35 cooperation agreements

With oil company Petrobras alone China signed three cooperation agreements involving at least $7 billion at an event attended by President Dilma Rousseff and the Chinese Prime Minister, following an

Tianjin Airlines buys 22 aircraft from Embraer

Brazilian aeronautical company Embraer will supply 22 jet aircraft to Tianjin Airlines, a subsidiary of the HNA Group, under a final contract signed this week, the company said in a

Brazil | China to take part in construction of trans-ocean railway

A coast-to-coast railway line, which has an estimated cost of between USD4.5 billion and $10 billion, is part of a series of cooperation projects in which the Chinese intend to

Macau and Hubei join forces to harness opportunities in Lusophone countries

Macau and the Chinese province of Hubei may jointly develop the markets of Portuguese- speaking countries, said the Chief Executive of Macau, Chui Sai On, who this week visits the city

China UnionPay establishes agreement with Portugal’s Unicre

Until the establishment of this agreement signed Friday between the two companies, Chinese tourists had to subscribe to other payment services such as Visa or MasterCard in order to pay

Third edition of the International Cabo Verde Agribusiness Fair begins on 29 May

The 3rd edition of the International Cabo Verde (Cape Verde) Agribusiness Fair begins on 29 May at the Cabo Verde International Fair facilities with the participation of over 100 domestic

Trade between China and Lusophone countries down 25 pct

In the first three months of the year China sold goods worth US$10.617 billion (+7.59 percent) to the eight Portuguese language countries and bought merchandise worth US$11.115 billion (-42.25 percent). With

Drop in oil production reduces East Timor’s revenue

A drop in oil and natural gas production has been the main factor behind a reduction of oil revenues to East Timor, which account for almost all of the state’s

China and Brazil discuss cooperation

The Prime Minister of China Li Keqiang will present a list of nearly 60 investment projects involving construction of infrastructure and industrial facilities in Brazil, reported Brazilian newspaper Valor Económico. The

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