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University of Coimbra launches Sino-Lusophone course
China and the Portuguese-speaking Countries in the World Economy: Trade, Tourism, Cooperation and Development is the official name of an advanced training course coordinated ... -
Portugal | Public debt reaches a record high
Portugal’s public debt reached a record high rising to 250.3 billion euros, according to information released by the Bank of Portugal. The figure for ... -
ENI group discovers more oil in Angola
Italian group ENI has discovered oil in the Kalimba sector of Block 15/06, in Angola’s deep waters about 150 kilometres off the coast, which ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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, ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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, ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
East Timor, Australia agree on border delimitation
Australia and East Timor agreed on the full text of a draft treaty defining maritime boundaries, the Permanent Court of Arbitration said in a ...
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