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EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Angola’s Secretary of State for Fisheries, Antonia Nelumba, is leading the delegation, which will negotiate forms of financing the USD11 million of the project’s budget with IFAD. The program will be
The European Union (EU) has allocated 7 million euros to 16 projects in Guinea-Bissau within the framework of “European aid” to support cooperation and development, the EU delegation in the
Portugal’s public debt at the end of 2014 is expected to have stood at between 127.9 percent and 128.7 percent of gross domestic product (GDP), according to estimates from the
The Angolan government’s proposal to revise the State Budget for 2015 due to the significant decline in oil prices was “timely and fast,” the head of a mission from the
The Standard & Poor’s rating agency (S&P) downgraded its credit rating of Angola’s debt in foreign currency from while maintaining a stable outlook, the agency said in a statement. The
Portugal was the fourth country in Europe to receive the most Chinese investment in the last ten years, ahead of much larger economies such as Spain or even Italy, according
The Chinese government will increase support for Cape Verde, with priorities focusing on the health, education and agricultural sectors, Chinese ambassador to Cabo Verde, Su Jean, told Cape Verdean news
Three of the 17 expressions of interest to buy Portuguese bank Novo Banco are from Chinese groups, a Portuguese newspaper Diario Economico said citing sources in the financial sector. The paper,
João Cotrim Figueiredo told Portuguese news agency Lusa that the number of Chinese visitors to Portugal in the first half of 2014 increased 69 percent to 55,400. The President of Turismo
The inaugural train on the Benguela Railroad (CFB), linking the Angolan coast to the country’s border with the Democratic Republic of Congo, arrived Thursday in Luau, eastern Moxico province, according
The Index of Economic Freedom takes into account legal issues (property rights and freedom from corruption), limitations imposed by governments (fiscal freedom and government spending), regulatory efficiency (business freedom, labour
The 10 million carats of diamonds mined in Angola in 2014 generated revenue of USD1.6 billion, according to provisional figures from the Ministry of Geology and Mines. The numbers figure includes
Angola plans this year to issue public debt of USD20 billion to private investors and pay interest of up to 7 percent, the director of the Public Debt Management Unit
An International Monetary Fund (IMF) report recommends that Mozambique strengthen the implementation of reforms to improve its fiscal transparency, considering the macroeconomic challenges facing the country, particularly in the area
Mozambique has the necessary conditions to successfully adopt the Chinese model of Special Economic Zones, which helped to boost the Chinese economy, according to researchers Fernanda Ilhéu and Hao Zhang. In
Lending to the economy has remained “solid” since the beginning of the year, despite budget restrictions, due to the economic diversification program, Angola’s Minister for the Economy said in Luanda.
The Bank of Cape Verde wants commercial banks operating in the archipelago this year to supply more credit to the economy, thus contributing to the growth of gross domestic product
Angola’s Ministry of Hotels and Tourism wants the country to receive over 4.6 million tourists by 2020, in view of the increase in Gross Domestic Product (GDP) and the diversification
The government of Angola has concrete measures to address the current drop in oil prices without having to disrupt the national economy, the national director for local budgets of the
The first train to run on Line 4 of the Rio de Janeiro metro connecting the Olympic Village to the Copacabana game center, is already in the city, three months
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