About 49 percent of bank deposits held in Mozambique in 2013 were owned by private companies, followed by Mozambican and foreign families, with 45 percent, the Bank of Mozambique said,
Angola’s Executive Project for Tax Reform (PERT) had a cumulative impact of 361.100 billion kwanza (USD3.647 billion) in non-oil tax revenues from 2011 until the end of the first half
The Bureau also said that, compared to September last year, there were significant increases in the price indices of the categories of housing and fuel (+12.15 percent) and food and
Eventos Arena – Organizaçao e Gestao de Feiras e Eventos said in a statement that the fair, which this year will have an exhibition area of 16,000 square metres, will
The China-Portuguese Speaking Countries Fund for Cooperation and Development has approved two projects in Angola and Mozambique valued at USD10 million each, said the Secretary-General of the Permanent Secretariat of
Timor-Leste (East Timor) and New Zealand have signed an agreement to develop fish production (aquaculture) by creating 200 small businesses in the country, the New Zealand embassy announced in a
The Vice President of China, Li Yuanchao said at a meeting in Beijing with former President of Timor-Leste (East Timor) Jose Ramos-Horta, that his country intended to increase cooperation with
The Cape Verdean government plans to invest USD62.2 million in the four international airports in the country, by 2017, the Minister for Parliamentary Affairs and the Presidency of the Council
Portugal’s proposed State Budget for 2015 includes a reduction of two percentage points on corporate tax – to 21 percent – in an effort to attract foreign investment, according to
Norway plans to grant USD90 million to support construction of a power transmission line from Tete to Maputo in Mozambique. The Norwegian ambassador to Mozambique, Mette Masst told Mozambican daily
With his casual wear and nice manners, Jia Rui looks like just any young person in Macau. But the 27-year-old is in fact a champion of martial arts, specializing in
A statement issued Thursday by the office of the Minister of State and Foreign Affairs, said the government had made “a very positive assessment of the program,” launched on 8
The Memorandum of Understanding on export financing deals with guarantees and counter-guarantees and will enable a rise in imports of goods and services from Brazil by Angolan private importers. Signed by
To reach the Anantara Medjumbe Island Resort & Spa, which had just 12 villas, requires a 45-minute flight from Pemba International Airport, which has domestic links to Maputo, the capital
The Chinese are the foreigners from outside the European Union who spend most in Lisbon’s retail stores, beating Brazilians and above all Angolans, who for many years were the main
The minister also told financial news agency Bloomberg that the state budget for 2015 had been prepared based on a price per barrel of oil of between USD88 and $92
The tender, which is scheduled for 23 October in London, includes three offshore concession off the coast of Cabo Delgado province, in the eastern area of the Rovuma sedimentary basin,
Portugal’s direct investment in Portuguese-speaking African Countries (PALOP) and Timor-Leste (East Timor) fell 78 percent in 2013, according to figures released this week by the Bank of Portugal in Lisbon. The
The next deal is expected to be the acquisition of Espírito Santo Saúde (ES Saúde), for which the Chinese group has proposed to pay almost USD600 million, which is more
Chinese company Guangxi Hydroelectric Construction Bureau has started building a a housing estate on the island of Sao Tome, on a self-funding basis, the Minister of Public Works of Sao
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