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Guinea-Bissau | Gov’t delivers China-donated seeds and fertilizer
The government of Guinea-Bissau has begun distributing to farmers the agricultural production resources, namely seeds and fertilizer, donated by China at a ceremony last ... -
Cross-border platform to link Angola to DRC and Zambia
A cross-border logistics platform will be built in Luau municipality, Moxico province, to link Angola to the Democratic Republic of Congo and Zambia via ... -
China responsible for a third of electrification projects in Africa
China is enhancing its participation in efforts to increase power production capacity in Africa, specifically in Angola and Mozambique, a factor that the International ... -
Angola | Private investment is critical to industrial development
Private investment in manufacturing is critical to the balanced development of the economy and employment growth in Angola, the minister of Economy said in ... -
Portuguese company plans production move
Portuguese meat products company Sicasal is preparing to transfer some of its production to Angola following a 50 percent drop in exports to the ... -
Sao Tome and Principe arranges flights to Portugal via S. Africa
Sao Tome and Principe travel agency JBC Travel and Tours on August 30 is due to start flights between São Tomé and Lisbon, Portugal, ... -
China is top destination for Angolan exports in Q1
China was the main destination for exports from Angola, mainly oil, in the first quarter of 2016, according to Angolan Finance Ministry figures. In ... -
Angola | Agricultural cooperation with Portugal considered
Angola and Portugal are identifying priority areas for cooperation in the agricultural sector, with a view to signing a two-year cooperation agreement, Portugal’s minister ... -
Mozambique | Fitch Ratings keeps credit score at ‘junk’
Fitch Ratings kept its “CC” rating on Mozambique’s long term credit in local currency and the short term rating in foreign currency at “C”, ... -
Angola to ‘look east’ after dismissing the IMF
Angola’s decision to dispense with support from the International Monetary Fund (IMF) at a difficult economic and financial time was based on the idea ... -
Hainan Airlines buys TAP Air Portugal share
Hainan Airlines acquired 25 percent of the issue of TAP – Air Portugal convertible bonds for 30 million euros, announced the Chinese company in ... -
Angola | Consul general in China promotes economic diversification
The need for diversification of Angola’s economy was the basis of a visit to three provinces of China by the new consul-general of Angola ... -
Three Gorges analyses new acquisitions in Brazil
Chinese state group China Three Gorges (CTG) plans to invest in wind and solar power plants in Brazil, having spent more than 15 billion ... -
National Bank of Angola raises basic interest rate to 16 pct
A decision of the latest meeting of the Monetary Policy Committee of the National Bank of Angola has raised the basic interest rate for ... -
Cape Verde economy expected to grow
The economy of Cape Verde is expected to post maximum growth of 4.5 percent in 2016, according to the draft State Budget approved last ... -
Angola receives a quarter of Chinese loans granted to Africa
Angola has received a quarter of all the loans China has granted to African countries in the last 15 years and Angolan state oil ... -
Ambassador encourages Chinese companies to invest in Portugal
China’s ambassador to Portugal said in Lisbon that the Portuguese government is waiting for Chinese companies to get involved in the country’s energy, services, ... -
China pardons part of Mozambique’s debt
China will pardon 30 million yuan (about USD5 million) in bilateral debt owed by Mozambique, said the Chinese Deputy Trade Minister Zhang Xiangchen this ... -
Brazil, Angola in top five countries for Chinese investment in South Atlantic
The South Atlantic, where five Portuguese-speaking countries are located, has been a privileged area for key companies China in their efforts at globalization and ... -
Direct air link between China and Portugal on the horizon
The China Civil Aviation Authority has notified its counterpart in Portugal of the intention of Capital Airlines, of the Hainan Airlines Group, to start ... -
Fitch Ratings lowers credit rating on Mozambique to “CC”
Fitch Ratings downgraded the long-term debt rating in national and foreign currency of Mozambique from “CCC” to “CC”, the agency said in a statement ... -
Angola extinguishes insolvent public companies
The government of Angola will extinguish 16 more companies in the industrial sector that are at a standstill and insolvent, according to a joint ... -
China takes stake in TAP, prepares flights to Portugal
A direct air link between Lisbon and Beijing, a long-standing objective of the governments of Portugal and China, is about to become a reality, ... -
Mozambique | Contract signed for dredging the port of Maputo
The dredging of the access channel to the port of Maputo to allow the entry of vessels of up to 80 tons of gross ... -
Delegation with officials from nine Chinese provinces, Hong Kong and Macau visits Portugal
A delegation with representatives of the governments of the Great Pearl River Delta will travel to Portugal next June to explore business opportunities, said ... -
Brazil | Petrobras takes on loan from the Exim Bank of China
Brazilian oil company Petrobras has taken on a loan of USD1 billion earlier than planned from the Export-Import Bank of China, the company said ... -
President of Mozambique visits China
The President of Mozambique Filipe Nyusi is due to make an official visit to the Republic of China next week, with meetings scheduled with ... -
CGD aims to be business facilitator between China and Lusophone countries
Portuguese state financial group Caixa Geral de Depósitos (GCD) plans, from a base in Macau where it has a significant presence through the BNU ... -
Group of donors suspend aid to Mozambique
The group of 14 countries and organizations providing direct support to the Mozambique Budget has decided to suspend aid to the country following the ... -
Portugal | Budget deficit in 2016 is expected to reach 2.7pct of GDP
The budget deficit in Portugal is expected to be 2.7 percent of GDP this year and 2.3 percent in 2017, the European Commission said this ... -
Shanghai company buys trading company in Brazil
Hunan Dakang Pasture Farming, a company of the Shanghai Pengxin group, has paid USD286 million to acquire 57 percent of Brazilian trading company Fiagril ... -
Cape Verde | A ‘safe haven’ among Portuguese-speaking countries
Cape Verde, which is seen by analysts and the international community as a “safe haven” among Portuguese-speaking countries due to economic and political stability, ... -
CHEC involved in investment of USD1 billion in the new port of Maputo
An international consortium, which includes the port company China Harbour Engineering Co, is projecting an investment of USD1 billion in a new port in ... -
Angola-China Chamber of Commerce wants to encourage partnerships
Restoring confidence to setting up business partnerships is the aim of the new Angola-China Chamber of Commerce, whose governing bodies include important figures from ... -
Angola overtakes Nigeria to become Africa’s largest oil producer
Angola overtook Nigeria as the leading producer of African oil in March, according to the latest monthly report on the oil market released by ...
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