Angola | Embargo on forest resource exploitation lifted

The Angolan Ministry of Agriculture and Forestry plans to remove the embargo placed on exploration of forest resources on August 8 with the opening

Brazil | Chinese ambassador announces interest in railway investment

China’s government is interested in investing in railways and urban transport in Brazil, in the case of the VLT or light railway and the metro itself,

Presidents of Angola and Mozambique present at BRICS summit

The presidents of Angola and Mozambique, respectively João Lourenço and Filipe Nyusi, have been invited to take part in the tenth BRICS summit meeting, to be

Portugal close to issuing debt in Chinese market

The process of Portugal issuing public debt in the Chinese market by means of Panda bonds or debt contracted by foreign entities in Chinese currency is in

Cabo Verde Airlines announces return to normality next week

Cabo Verde Airlines expects to resume normal business as of next week after receiving a Boeing 757 on Saturday on a long-term operating lease, the airline said

Guinea-Bissau requests help from Vietnam to sell cashews

The government of Guinea-Bissau plans to send a delegation to Vietnam to discuss with the country’s central bank ways to make funds available to fund Vietnamese companies to buy

Mozambique | Air transport has new competition rules

The civil aviation sector in Mozambique, which is in the process of liberalization, as of the end of August will have new competition rules, under legislation recently

Brazil | Chinese companies invest USD1.343b in first half

THE confirmed investment projects of Chinese companies in Brazil during the first half of the year totaled USD1.43 billion, an increase of 343 percent compared to

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 by Carmen Amado

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 May represents an increase

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 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

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