Cape Verde’s economy grew 3.9 percent last year

Cape Verde’s economy in 2017 added to the economic dynamism already evident in 2016, by posting growth of 3.9 percent, one-tenth of a percentage point higher

Angola has a new head of IMF mission

A mission of the International Monetary Fund (IMF) begins a visit to Angola on July 2 with one of the aims being to present the new head of

Angola | VAT will initially be applied to large taxpayers

The introduction of Value Added Tax (VAT) in Angola will initially focus on entities registered as large taxpayers and those with organized accounting, updated records and

Kwanza has lost one-third of its value against the euro

The Angolan kwanza accumulated a depreciation of 34.1 percent against the euro since juanuary, after the auction of 25 million euros carried out by the National Bank

China donates USD10m to Mozambican agricultural campaign

China has donated USD10 million to Mozambique to support the current agricultural campaign, the Chinese ambassador to Mozambique said in Boane, near Maputo, during

Angola’s economy contracted 2.5 percent in 2017

Angola’s gross domestic product (GDP) in 2017 recorded a year-on-year contraction of 2.5 percent, as a result of updates to the activities of the Public Administration

Portuguese-speaking entrepreneurs meet in Mozambique

The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins today in Maputo, Mozambique, with the participation of

Angola | EU to support agricultural development

The European Union (EU) will support the agricultural sector in the Angolan enclave province of Cabinda as part of its new development aid plan, in partnership

Africa | Smaller lusophone countries economies grow above average

São Tomé and Príncipe, Guinea Bissau and Cape Verde, the three smallest Portuguese-speaking African economies, are expected to see economic growth in 2018 well above the

Angola’s net international reserves continue to fall

Angola’s net international reserves were the lowest since April 2017, totaling USD12.839 billion, down 1.69 percent compared to $13.06 billion recorded in January, according to statistics

Brazil is the main supplier of pork to China

Brazil has become the main supplier of pork to China, said Ricardo Santin, vice president of markets for the Brazilian Association of Animal Proteins (ABPA), adding

Angola’s economic growth revised upwards by IMF

Angola’s economy is expected to grow by 2.2 percent this year and 2.4 percent in 2019, up by 0.6 percentage points and one percentage point

Mozambique has a role to play in Africa’s 2nd railway revolution

Mozambique may have a role to play in the second wave of railroad construction in Africa, according to an article just published in the China- Lusophone

Brazil | Embraer delivers 25 aircraft in first quarter

Brazilian aeronautical company Empresa Brasileira de Aeronáutica (Embraer) delivered 25 jet aircraft during the first quarter of 2018, 14 of which were delivered to

Business tourism benefits from new measures in Angola

A set of measures to promote business tourism in Angola is being introduced, facilitating access to the country and domestic transport, as part of government efforts to stimulate the

Chi: Financial innovation needed to support Sino-Portuguese business projects

Business projects involving China and Portuguese-speaking countries have been receiving official Chinese funding, but the deepening of this cooperation in the “era” of the New Silk Road

Angola issues entry visas on arrival for citizens of 61 countries

Angola’s Foreigner and Migration Service (SME) has already set up five counters at Luanda International Airport, which, as of the end of this month, will issue

Cape Verde | Parliament approves permanent residence card for investors

The Cape Verdean parliament this week approved a bill that creates tax benefits for foreign citizens who decide to buy a second home in Cape Verde, while

China’s largest construction group opens an office in Portugal

The China State Construction Engineering Corporation (CSCEC), one of China’s largest construction companies, has started preparing to open an office in Portugal. According to weekly

Mozambique | Work at the port of Maputo will increase cargo handling capacity

The cargo handled at the port of Maputo will increase by 1.5 million tons per year from December 2019, when work that is now underway to refurbish

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