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

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 to statistics

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 (ABPA), adding

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 point

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 China- Lusophone

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 efforts to stimulate the

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 New Silk Road

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, will issue

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 Cape Verde, while

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 weekly

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 underway to refurbish

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 recent study from

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 Príncipe

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 years of errors

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 law creating 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 pre-2016 levels

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 33.3 percent increase

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 African country, the

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