FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The competition runs until 30 January and will select the motifs to appear on the face of the two new coins, and the selection panel will be led by the
The implementation of Angola’s state budget for 2015 presents some uncertainty due to a drop in oil prices, according to Eaglestone Securities, which expects the country to return to budget
Work to boost the capacity of the Sena Railroad in Mozambique from 6.5 million tons to 20 million tons of cargo per year are in the final stages, said the
The Angola Sovereign Fund (FSA) announced that it plans to invest in setting up an academy for training in the hotel business, in Benguela, which should start operating at the
Li Chunhua also said that the volume of trade between Mozambique and China had seen growth in recent years, rising from US$1.64 billion in 2013 to US$2.942 billion in the
The Tourism Development Master Plan for the Okavango Basin Hub will complement the Master Plan for Tourism of the National Development Plan (NDP) 2012/2017, said Angola’s Minister for Hotels and
Yang, after noting Huawei is the world’s third largest mobile phone manufacturer, said Huawei Angola had sold devices worth a total of USD1.2 billion dollars in the eight years it
The latest uncut Mozambican ruby auction carried out by British company Gemfields in Singapore raised USD43.3 million, the company said. In a statement, the company said the auction of rubies mined
Simão Grilo dos Santos, who recently spoke in Sao Paulo, said Proex would have its funding increased in 2015 “to finance Brazilian businessmen interested in investing in Angola with local
Sonangol also said that based on the contract signed Thursday in Seoul, the two Suezmax vessels will be 274 meters long, 48 metres wide and 23.7 meters high and have
The World Bank will support the Mozambican State Budget with funding of USD110 million to be invested in poverty reduction programs under an agreement signed Thursday in Maputo. The Minister of
The project intends to harness the commercial potential of the natural gas reserves discovered in the Rovuma sedimentary basin in the Mozambican province of Cabo Delgado, and involves construction of
The Mozal aluminium foundry is once again the largest company in Mozambique, a position it has held for more than a decade, according to the list of Mozambique’s 100 Largest
Chinese companies are now positioning themselves to acquire the main assets of the beleaguered Espirito Santo group, a part of the Portuguese banking system for over a century, with arms
The World Bank approved a USD110 million loan to support the Mozambican State Budget and the country’s official plan to reduce poverty for 2014, the World Bank said in a
Angola’s National Agency for Private Investment (ANIP) plans, from 2015, to open offices in all 18 provinces of the country, to facilitate contacts with companies submitting investment proposals, ANIP’s president
The Board of Directors of Brazilian telecom group Oi Thursday approved the sale of PT Portugal to French group Altice, and the sale also needs to be approved by the
The Resolution Fund has started the process of selling Novo Banco, the bank that inherited the healthy assets of bailed-out bank Banco Espírito Santo, requesting expressions of interest by 31
The Confucius Institute will have a delegation at the University of Cape Verde and China will open a cultural centre in the archipelago in 2016, Cape Verde’s Foreign Minister, Jorge
Mozambique is one of three countries that stand out for their growth in Africa, a continent that will become increasingly important in economic terms in the coming years, according to
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