Angola has 14 million mobile phone users

The population of Angola is 24 million people, according to the Census conducted in 2014. Minister José Carvalho da Rocha, who gave the opening speech of the first Angolan Forum of

Mozambique is the gateway to Southern Africa, China Daily says

Mozambique is a “gateway to the south of the African continent” with “unlimited natural resources,” “an enviable location” and “new industries,” according to a description given by state-run newspaper China

East Timor posts trade deficit of USD893 million

East Timor’s balance of trade in 2014 recorded a deficit of USD893 million, an increase of 13.79 percent year on year, said the Statistics Directorate of the Ministry of Finance

Mozambique’s economy projected to grow 7.5 pct

The government of Mozambique expects the country’s economy will to grow 7.5 percent this year, down 20 basis points on the forecast for 2014, according to the proposed Economic and

Angola | Private investment expected to create 41,000 jobs

Thirty-six private investment projects created under the program for acceleration of diversification of Angola’s economy, will create 41,000 direct jobs in the next three years, the Angolan Economy Minister said

China Sonangol invests in Galicia

The Galicia region of Spain, which wants to belong to the Community of Portuguese- speaking Countries due to its historical and cultural ties to Portugal, is set to have a Chinese-Angolan

Angola regulates franchising activities

Angola will implement national regulations for the franchise system by the end of the year, according to an order from the Ministry of Trade establishing a Multi-sector Technical Group on

Angola | Takeover bid opens way to consolidation in the banking sector

Consolidation of operations in the Angolan commercial banking sector, long-awaited by analysts, my experience its most important consolidation to date as a result of the tender offer on Portuguese bank

BRAZIL | Embraer delivers 208 aircraft in 2014

Brazilian aeronautical company Embraer ended 2014 with the delivery of 92 commercial aircraft and 116 executive jets, reaching the targets set for the year, the company said in a statement

National Bank of Angola to design new coins

In a statement issued Monday, the central bank reported that “none of the proposals considered met the requirements for the theme” in the competition to design the two new coins,

Mozambique’s flagship airline carries more passengers in 2014

Mozambican flagship airline Linhas Áereas de Moçambique (LAM) in 2014 recorded an increase of 10 percent in passenger numbers, during which the national flag transported 788,000 people, the airline’s spokesman

Queen of High Fashion – From small boutique to empire of luxury brands

Three decades ago, a young girl scraped together her savings of 5,000 patacas to start a small boutique in Macau. Terry Sio, then a humble factory clerk, called her 100

Angola takes on loan from South Africa

The order of 20 February justifies the borrowing with the “need to ensure the implementation of the projects listed in the Public Investment Program, promoted by the Ministry of Construction,

Portuguese-speaking countries approve projects for Guinea-Bissau

The Community of Portuguese-Speaking Countries (CPLP) has approved projects in the areas of vocational training and health for Guinea-Bissau, the Director of Cooperation of the CPLP Executive Secretariat said Thursday

Angola joins the Lisbon Tourism Fair

Laureth da Silva Bravo also told Angolan news agency Angop that Angola’s attendance at the fair was also intended to attract potential investors, as well as for exchanges with exhibitors

Angola | Parliament approves revised 2015 budget

The Angolan parliament Wednesday approved, in general terms, the bill to revise the State Budget (OGE 2015), which includes estimated revenues of 5.4 trillion kwanza, compared to 7.2 trillion in

Mozambique | Port of Nacala processes record cargo in 2014

Langa said the port of Nacala, by processing over 2 million tons of cargo and 97,000 containers, reached a new high despite operating under limits due to the ongoing modernization

Angola starts issuing multiple entry visas

In March Angola will start issuing ordinary and tourist multiple-entry visas, the country’s Interior Minister, Angelo Veiga Tavares said Monday cited by Angolan news agency Angop. Speaking at the opening ceremony

2014 Trade between China and Lusophone countries reaches USD132.58b

This amount resulted from imports from China totaling USD86.43 billion (-1.19 pct) and Chinese exports to the eight Portuguese-speaking countries worth USD46.14 billion (+4.91 pct). Most of the trade between China

Sao Tome and Principe posts trade deficit of USD154.5m

The trade balance of Sao Tome and Principe for 2014 recorded a deficit of 154.5 million dollars, an increase of 11% over the deficit recorded in 2013, reported the National

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