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10TH CPLP SUMMIT | Lusophone countries plan to study joint oil production
One of the main decisions made at the 10th Summit of the Community of Portuguese-speaking Countries (CPLP) in Dili, Timor-Leste (East Timor) was to ... -
China certifies 31 Portuguese dairy product companies
China has certified 31 Portuguese dairy product companies, which can now start exporting to the Chinese market, said the Portuguese deputy prime minister, Paulo ... -
Cape Verde wants to boost bilateral ties with Angola
Cape Verde plans to boost its economic and business relationship with Angola, the Cape Verdean Minister for Tourism, Energy and Industry, Humberto Brito said ... -
Belarus plans to assemble tractors in Mozambique
Belarus plans to set up a partnership with Mozambican businesspeople to assemble agricultural tractors in the East African country using parts manufactured in Belarus, ... -
Angola raises USD2 billion for national reconstruction
The Angolan government has hired two Angolan banks to set up a financial operation to raise USD2 billion to fund the National Reconstruction Programme, ... -
IMF mission visits Guinea Bissau
A mission from the International Monetary Fund (IMF) was due to start a week-long visit to Guinea Bissau in order to update the country’s ... -
Mozambican economy posts 7.5 pct growth in 1st quarter
The Mozambican economy grew by 7.5 percent in the first quarter of 2014, compared to the same period of 2013, the country’s National Statistics ... -
Rate of economic growth in Cape Verde continues to slow in 2nd quarter
Cabo Verde’s (Cape Verde’s) economic climate indicator continued on the downward trend seen in the previous quarter, which means economic growth continues to slow, ... -
PORTUGAL | Real estate investment fund for Chinese investors launched
In a bid to take advantage of the interest and enthusiasm of private Chinese investors in real estate investment in Portugal, one of Portugal’s ... -
China and Brazil move ahead with satellite program
China and Brazil have agreed to move ahead with the “China-Brazil Earth Resources Satellite (CBERS)” program by adding another satellite to it, CBERS 4A, ... -
ANGOLA | Central bank has eye on problems at BESA
The credit portfolio of Banco Espírito Santo Angola (BESA) has problems and requires the bank to increase its capital, the governor of the Angola ... -
MOZAMBIQUE | Chinese company invests USD260 million in SEZ
Chinese company Dingsheng International Investments has already invested USD260 million of a total US$500 million to build infrastructure in the Manga-Mungassa Special Economic Zone, ... -
Brazil and China sign agreements worth USD7.5 billion
Brazil and China have boosted their commercial partnership through credit lines worth USD7.5 billion for Brazilian mining company vale and the acquisition of 60 ... -
East Timor oil fund grows
The Timor Leste (East Timor) Oil Fund at the end of the first quarter of the year totalled USD15.7 billion, according to a report ... -
Xi Jinping says that Brazil-China partnership is exemplar
The president of China, Xi Jinping, said Wednesday at the Brazilian Congress, in Brasilia that the partnership between Brazil and China was a great ... -
IMF says Angola does not need more loans
The International Monetary Fund (IMF) has ruled out the possibility of providing further loans to Angola as it has found “significant improvements” in the ... -
East Timor considers onshore oil block auction at the end of 2014
Timor Leste (East Timor) is considering launching its first auction of onshore oil blocks at the end of this year, the Oil & Gas ... -
Macau helps train gaming sector staff from Mozambique
Members of staff of the National Gaming Commission of the Mozambican Tourism Ministry until 19 July are attending a course on gaming regulation and ... -
MOZAMBIQUE | Over 10 million people have domestic electricity
Around 10.2 million Mozambicans have access to electricity in their homes as a result of expansion of the power grid over the last 10 ... -
Maputo regains its place as a trade hub for Southern Africa
The port of Maputo is regaining its traditional place as a trade hub in Southern Africa thanks to investment in port and transport infrastructure, ... -
Business mission from Brazil visits Mozambique and Angola
A Brazilian business mission is due to begin a trip to Southern Africa with visit to South Africa, Mozambique and Angola, said the Brazilian ... -
Portuguese-language tourism under discussion in Luanda
From 23 to 25 July Luanda will host the first meeting on tourism in the Community of Portuguese-speaking Countries (CPLP), an initiative of the ... -
Brazil to announce sales of 25 aircraft to Chinese airlines
The Brazilian government is due Thursday to announce the sale of around 25 Embraer aircraft to Chinese airlines, during the official visit of the ... -
MOZAMBIQUE | Fishing product exports from expected to raise USD80m in 2014
Mozambican exports of fishing products are this year expected to bring in around USD80 million, or US$5 million more (+6.7 percent) than revenues achieved ... -
KENYA | Nairobi used as a hub to reach destinations in Asia
Kenya Airways will this month increase the flights on its Luanda/Nairobi route from two to three times a week the airline’s communications director said ... -
ANGOLA | 39 countries at the Luanda International Fair
Thirty-nine countries, including Angola, are signed up to take part in the 2014 Luanda International Fair (Filda), the event’s manager, Francisco Coutinho said Tuesday ... -
PORTUGAL | Loan default rate hits highest level since 1998
Loan defaults by Portuguese families last May reached the highest level since 1998, according to the Bank of Portugal’s Statistical Bulletin published Tuesday in ... -
BRIEFS: Angola linked to neighboring countries
Road links between Angola and neighboring countries will be in place by 2017, the director-general of the Angolan National Roads Institute (INEA) said. António ... -
Banco Espírito Santo expected to lose controlling stake in BES Angola
Portuguese bank Banco Espírito Santo (BES) is expected to lose its controlling stake in Banco Espírito Santo Angola (BESA) as its Angolan partners prepare ... -
MOZAMBIQUE | Tuna company Ematum due to start fishing this year
Mozambican tuna fishing company Empresa Moçambicana de Atum (Ematum) is expected to start fishing before the end of this year following the arrival in ... -
ANGOLA | Public debt totals over USD33b at the end of 2012
The Angolan state’s total net debt, at the end of 2012, was USD33.314 billion or 29 percent of the country’s gross domestic product (GDP), ... -
European Union supports projects over next seven years
The European Union plans to provide funding of around 210 million euros for development projects in Angola over the next seven years, according to ...
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