Mozambique | Chinese company due to finish Maputo Ring Road

The Maputo rings road, whose construction was awarded to the China Road and Bridge Corporation (CRBC), will be ready next December and not in the first half of this year

Angola may become a major world producer of coffee once again

The Director General of the Inter-African Coffee Organization (IACO), Frederick Kawuama, said Wednesday in Luanda there was a high possibility of coffee revitalization in Angola, as it was one of

Mozambique | Anadarko Petroleum to decide on investment by early 2016

Anadarko Petroleum will make a final decision on its investment in Mozambique by the end of this year or early next year, said the group’s chief executive speaking to Reuters

Gasoline no longer subsidized in Angola

The sale of gasoline in Angola is now based on a free pricing system, putting an end to state subsidies, under the terms of a decree in which the Ministry

Portuguese company builds dam in Mozambique

The dam on the river Nhandare, in Mozambique, a facility designed initially to supply water to the town of Gorongosa, in Sofala province, is due to start operating in October,

China gains importance in Angola and Mozambique

The latest official data for Angolan oil exports, recently released, indicated that China bought more than 116 million barrels of oil last year, four times more than the second largest

Zhongshan becomes ‘Third Italy’ in the Pearl River Delta

Zhongshan, birthplace of Dr Sun Yat-sen, has become one of the most important industrial cities in China. It is the one of the world’s largest producers of electrical appliances and

Mozambique | World Bank grants additional loan to for education sector

In a statement, the World Bank said continued expansion of education and high population growth results in increased rates of enrolment and completion of primary and secondary education, which in

Angola negotiates security systems deal with Chinese group

The Interior Ministry of Angola is negotiating with Chinese group Huawei to establish a partnership to “develop projects to ensure the safety of citizens,” said an official from the Chinese

Angola has new weekly financial newspaper

The Angolan newspaper, whose newsroom has around 10 journalists led by Aylton Melo, will be on sale in the country’s main cities for a cover price of 500 kwanzas, and

Airport in Cape Verde’s capital doubles its capacity

Minister Sara Lopes was speaking to Portuguese news agency Lusa about the airport expansion project, whose foundation stone was laid on Monday by Prime Minister José Maria Neves and which

Portugal | 100,000 Chinese tourists contribute to success

Tourism in Portugal, one of the sectors that has most supported the economy during the recent years of crisis, continues to grow at a high pace, with an expected contribution

Cape Verde posts economic growth of 2.7 pct in 2014

The President of INE, an organization that for the first time since the country’s independence presents Quarterly Accounts, said the figure recorded in 2014 exceeded all forecasts. Gross domestic product grew

Angola plans to raise external funding

The Angolan government plans to raise USD10 billion to build infrastructure that it considers essential, including a new oil refinery, the Angolan Economy minister told the Financial Times. “There are projects

Mozambique | Int’l construction fair held in 2016

The 1st Mozambique International Construction Fair is due to take place in the first half of 2016 under an agreement signed Thursday in Maputo by the Portuguese Industrial Association Foundation

Bank of China sets up team in Macau for Lusophone business

The newspaper said the initiative aims to take advantage of “the great opportunities” of the central government’s polices and maintain “active” coordination with the Macau government to build a service

Summit between Brazil and Portugal in June

The Luso-Brazilian summit will take place next June, on a date to be announced, said Tuesday in Lisbon the Vice President of Brazil, Michel Temer, during a meeting with the

Site about Portuguese economy launches Mandarin version

The Orient Museum in Lisbon yesterday launched the Chinese version of the website at ceremony attended by Vice-Prime Minister Paulo Portas, the Ambassador of the People’s Republic of China in

Angola wants greater cooperation from China

China and Angola have maintained good cooperation in many areas but there is still much to be done together, said Monday in Jakarta the Angolan Minister of Foreign Affairs. “China has

Mozambican graphite finds market in China

A recent analysis of samples collected in Mozambique by Australia’s Triton Minerals concluded that the graphite concentrate can be used to manufacture batteries, specialty products, steel and refractories, lubricants for

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