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

Angola leads in attracting Chinese financing for energy infrastructure

Angola is the African country that has received most Chinese funding for the construction of energy infrastructure since the year 2000, according to a recent study from

São Tomé and Príncipe | BP/Kosmos consortium signs contracts for oil prospecting

The consortium of British companies BP Exploration Operating and US-based Kosmos Energy has signed two oil block prospecting contracts with the São Tomé and Príncipe

Angola | New airline may be equipped with Bombardier Q-400 aircraft

The new domestic air carrier in Angola will be able to operate with Q-400 type aircraft produced by Canadian company Bombardier, thereby correcting several years of errors

Mozambique | Anti-money laundering capacity bolstered

Mozambique has improved its ability to supervise, prevent and combat money laundering following the approval by the country’s parliament of an update to the law creating the

Mozambique | Lack of gov’t transparency means budget levels likely remain same, EIU says

The Mozambican government’s reluctance to ensure the transparency of public finances is expected to result in direct support for the State Budget remaining at pre-2016 levels

Brazil overtakes the US, becomes main supplier of soy to China

Brazil overtook the United States in 2017 to become the main soybean supplier to China, with 50.9 million tons, a figure that is a 33.3 percent increase

Mozambique | China’s financing of public works exceeds USD2.28 billion

The Maputo/Catembe bridge, due to be opened in the next few months in the Mozambican capital, is the biggest China-funded infrastructure project in the African country, the

Angola President orders evaluation of public banks

The shareholdings held by the Angolan state or public companies in national and foreign banking institutions will be evaluated by a working group led by Finance Minister Archer

Angola | Banking sector grows by 16pct in 2016, Deloitte says

The value of total assets of banks operating in Angola increased by 16 percent to 8.70 trillion kwanzas in 2016, compared to 2015, according to a

Mozambique | Deck of Maputo-Catembe bridge laid earlier than expected

The last section of deck of the bridge between Maputo and Catembe will be laid today, ahead of schedule by about three weeks, the Mozambican press reported.

Angolan gov’t to propose legislation to end monopolies

The Angolan government will submit to parliament a proposal for a competition law to bring an end to monopolies and other imperfections in the country’s market, the

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