Forum
-
Brazil | China Mobile eyes telecom operator Oi
China Mobile, the world’s largest mobile operator with 874 million customers, has been negotiating with the Brazilian National Telecommunications Agency (ANATEL) for the possible ... -
Mozambique | Gov’t projects economic growth of 5.3 percent in 2018
Mozambique’s economy is expected to grow by 5.3 percent in 2018, up from the 4.7 percent forecast for this year, according to the proposed ... -
Agreements between Brazil and China could represent USD9.9b in funding
The 14 agreements signed during the official visit of Brazilian President Michel Temer to China to attend the BRICS summit meeting in Xiamen, Fujian ... -
Angola loses status as largest oil producer in Africa to Nigeria
Angola was one of three member countries of the Organization of Petroleum Exporting Countries (OPEC), whose output fell in July, along with Iraq and ... -
Mozambique | Maputo hosts Tokyo International Conference on African Development
Mozambique will host the Tokyo International Conference on African Development (TICAD) from today to Friday, an event that will be attended by foreign ministers, ... -
Chinese group HNA expands business by buying shares in duty-free stores
Chinese group HNA has acquired 16.2 percent of the Dufry group, raising its stake in the Basel-based group to 20.92 percent, which operates more ... -
Mozambique | State power company plans to light up the whole country by 2030
Mozambique’s state- owned electricity company Electricidade de Moçambique (EdM) intends to light up the whole country by 2030, a project expected to cost over ... -
Standard & Poor’s downgrades Angola’s credit rating to B-
Standard & Poor’s (S&P) downgraded Angola’s long-term credit rating in domestic or foreign currency from “B” to “B-“, but maintained a stable outlook, according ... -
Cape Verde moves to create innovative Special Maritime Economic Zone
The project of the future Special Economic Zone (EEZ) of São Vicente, Cape Verde, is a priority for the government and the country is ... -
Brazil | China interested in Angra 3 nuclear power plant
The China National Nuclear Corporation (CNNC) is interested in participating in the conclusion of construction of Brazil’s Angra 3 nuclear power plant which have ... -
Angola | First cotton harvest after independence
The first cotton harvest under Angola’s production recovery program is scheduled for July in the provinces of Malanje and Kwanza Sul with a symbolic ... -
Mozambique | IFAD supports agricultural development
The International Fund for Agricultural Development (IFAD) will apply about USD150 million in the agricultural sector in Mozambique, which will be disbursed over the ... -
Bank of Mozambique opens new headquarters in Maputo
The Bank of Mozambique spent USD300 million of its own resources to build its new headquarters in Maputo, a set of three buildings in ... -
Angola | Sonangol posts profit of USD68 million in 2016
Angola oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) posted net profit of more than 13 billion kwanzas (USD68 million) in 2016, the ... -
Macau wants to show more Portuguese and Spanish products to China
The Macau Trade and Investment Promotion Institute (IPIM) wants more companies from Portugal and Spain to come to Macau to showcase their products, with ... -
Belt and Road Initiative | China considers Portugal ‘important partner’
China’s relations with Portugal are “in the best period of their history” and could be reinforced by the Chinese government’s “Belt and Road” initiative, ... -
Rubies from Mozambique sold at Singapore auction
A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of USD54.8 million, said the ... -
Praia meeting is a success, says president of Cabo Verde TradeInvest
The meeting of businesspeople from China and Portuguese-speaking countries was a “huge step” for investments to be made in Cape Verde, said the president ... -
Angola | Caio deep-water port to start operating in 2020
Construction work on the Caio deep-water port in Angola’s Cabinda province is expected to be completed by 2020, said the president of the project’s ... -
Mozambique | Nyusi seeks investments on visit to the United States
The president of Mozambique begun a three-day working visit to the United States of America, which is seen as an opportunity to strengthen political, ... -
Angola gives tax breaks to Chinese real estate projects
The China International Fund (CIF) has invested USD694 million in two real estate projects on the outskirts of Luanda that have allowed the construction ... -
Mozambique | Public debt is expected to be restructured, EIU says
Mozambique’s public debt is likely to be restructured and the inflow of foreign capital is expected to take time to return to previously recorded ... -
Cape Verde | More promotion among Chinese entrepreneurs needed
Cape Verde should be made more widely known to Chinese business people and other citizens, the former deputy director of the Foreign Ministry’s Department ... -
Angola | Bank of China opens branch in Luanda
The Bank of China is due to open its first branch in Luanda this week, which will start operating as an investment bank before ... -
Mozambique | Deck of the Maputo-Catembe bridge delivered this month
The metal parts that will make up the deck of the Maputo/Catembe bridge have already been built in China and are expected to arrive ... -
Angola | Diplomatic and consular network will be reduced
Angola’s diplomatic and consular network will be reduced from September “in order to save human, technical and financial resources,” according to a presidential dispatch ... -
Mozambique | President calls for resumption of international aid
The Mozambican President asked international organizations and countries that contribute financially to the State Budget to resume this support “so that the government can ... -
Taxes in Angola can be paid in foreign currency
Tax payments in Angola will be able to be made in foreign currency, under an amendment to the General Tax Code approved on Tuesday ... -
Portugal considers financing itself in Chinese renminbi
Portugal is analyzing the possibility of public debt denominated in Chinese currency, the renminbi, in order to broaden “the investor base and attract financing,” ... -
In the next decade | Angola and Mozambique among the top 10 tourist destinations
Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next ... -
World Bank increases aid to Cape Verde
The World Bank has increased from the amount of aid to be granted to Cape Verde over the next three years from US$42 million ... -
China donates USD146m to build infrastructure in São Tomé and Príncipe
China will donate USD146 million to São Tomé and Príncipe for construction of infrastructure under bilateral economic cooperation, said on Tuesday in São Tomé ... -
Angola is China’s third largest oil supplier in February
In February Angola was China’s third largest oil supplier, after Saudi Arabia and Russia, with a 10 percent share, compared to 15 percent and ... -
New customs tariff system feeds expectations of growth
The introduction in the coming months of a new customs tariff in Angola is feeding expectations among economic agents that replacing the current regime ... -
Mozambique | Economy still destabilized by liquidity crisis
The Mozambican economy will continue to be destabilized by a liquidity crisis due to public debt impossible to manage and the suspension of international ...
You must be logged in to post a comment.