FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
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 purchase of Brazilian
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 Economic and Social
The 14 agreements signed during the official visit of Brazilian President Michel Temer to China to attend the BRICS summit meeting in Xiamen, Fujian province, could represent
Angola was one of three member countries of the Organization of Petroleum Exporting Countries (OPEC), whose output fell in July, along with Iraq and Venezuela, according to
Mozambique will host the Tokyo International Conference on African Development (TICAD) from today to Friday, an event that will be attended by foreign ministers, among other government
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 than 2,200 duty-free
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 USD16 billion, chairman
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 to the latest
The project of the future Special Economic Zone (EEZ) of São Vicente, Cape Verde, is a priority for the government and the country is preparing to receive
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 been halted
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 result of 200
The International Fund for Agricultural Development (IFAD) will apply about USD150 million in the agricultural sector in Mozambique, which will be disbursed over the next
The Bank of Mozambique spent USD300 million of its own resources to build its new headquarters in Maputo, a set of three buildings in the city
Angola oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) posted net profit of more than 13 billion kwanzas (USD68 million) in 2016, the chairwoman of
The Macau Trade and Investment Promotion Institute (IPIM) wants more companies from Portugal and Spain to come to Macau to showcase their products, with the Chinese market
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, in
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 company, which is
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 investment agency
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 management
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, economic and
The China International Fund (CIF) has invested USD694 million in two real estate projects on the outskirts of Luanda that have allowed the construction of thousands of
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 amounts, the Economist
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 of Foreign
The Bank of China is due to open its first branch in Luanda this week, which will start operating as an investment bank before becoming a
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 in Mozambique
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 that creates an
The Mozambican President asked international organizations and countries that contribute financially to the State Budget to resume this support “so that the government can consolidate the country’s
Tax payments in Angola will be able to be made in foreign currency, under an amendment to the General Tax Code approved on Tuesday by the members
Portugal is analyzing the possibility of public debt denominated in Chinese currency, the renminbi, in order to broaden “the investor base and attract financing,” Finance Minister
Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next decade,
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 to US$90 million,
China will donate USD146 million to São Tomé and Príncipe for construction of infrastructure under bilateral economic cooperation, said on Tuesday in São Tomé Prime Minister Patrice
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 14 percent, respectively, for the
The introduction in the coming months of a new customs tariff in Angola is feeding expectations among economic agents that replacing the current regime will be a
The Mozambican economy will continue to be destabilized by a liquidity crisis due to public debt impossible to manage and the suspension of international aid, the Economist Intelligence
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