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Guinea-Bissau Economy expected to grow 4.8 pct
Guinea-Bissau will end 2015 with economic growth of 4.8 percent, the head of the evaluation mission of the International Monetary Fund (IMF) on Tuesday in ... -
Angola | Mozambique: More investment and funding expected after Africa/China Forum
The 6th edition of the China/Africa Forum served to approve a Chinese financing package of USD60 billion for Africa and to convey a message ... -
Presidents of Angola and China call to strengthen bilateral cooperation
Angola and China should consolidate and deepen the existing bilateral strategic partnership for mutual benefit, Angolan President José Eduardo dos Santos and Chinese President ... -
Cooperation | Cape Verde and Guinea-Bissau benefit from China’s support
China is deepening its involvement in agriculture in Africa and Cape Verde and Guinea-Bissau are to benefit from this diversification of cooperation, according to ... -
Mozambique | CFM receives last batch of railway carriages from China
Mozambican state port and rail company Portos e Caminhos de Ferro de Moçambique (CFM) has received the last batch of railway carriages ordered from ... -
Hainan Airlines group becomes main shareholder of Brazilian carrier Azul
Chinese group HNA, the owner of Hainan Airlines, has established a strategic partnership with Brazilian carrier Azul by purchasing a stake of 23.7 percent ... -
Mozambique purchase 200 buses from China’s Yutong
The government of Mozambique has bought 200 buses from Chinese company Yutong Bus Co. to improve the public transport network in the capital, Maputo ... -
Mozambique | Nacala Airport to start receiving int’l traffic in March 2016
Airlines operating to Mozambique are expected to start using the Nacala International Airport between March and April 2016, said the chairman of state airport ... -
Angola | Shadow economy accounts for 60 pct of the total
Angola remains one of the sub-Saharan African countries with higher levels of economic informality, with the informal, or shadow, economy accounting for around 60 ... -
Mozambique | Netherlands pays for expansion of Maputo water supply network
The government of the Netherlands will donate 20 million euros to Mozambique to help finance the proposed expansion of the Water Supply System of ... -
China State Grid plans to invest billions in Brazil
The China State Grid group plans to invest about 15 billion reais (USD3.95 billion) in Brazil by 2020 and about 1.6 billion reais in ... -
Mozambique | Measures implemented to offset metical devaluation
The Bank of Mozambique is implementing measures to cushion the effects of the devaluation of the metical in recent months and the expected rise ... -
Cape Verde launches 5th Agricultural Census
The 5th General Agricultural Census (RGA) of Cape Verde started on Monday and is expected to take three months and cost 4.9 million euros, ... -
Angola expands funding sources by issuing bonds backed by ICBC
Angola has successfully completed an issue of Eurobonds, an operation supported by a group of international banks which includes the Industrial and Commercial Bank ... -
Trade between China and Portuguese-speaking countries shrinks
Trade between China and the Portuguese-speaking countries during the first nine months of the year continued on a downward trend, with a contraction of ... -
Sao Tomé wants to become the ‘Dubai of Africa’ with a port built by China
After 2014 was marked by an unprecedented visit to China by a president of São Tomé and Príncipe, the archipelago will now receive a ... -
Chinese group Fosun expands health business in Portugal
Luz Saúde is investing 100 million euros in the expansion of Hospital da Luz in Lisbon, Portugal, a project to double its capacity and ... -
Cape Verde International Fair runs from 18 to 22 Nov
The 19th edition of the Cape Verde International Fair (FIC) it set to run from 18 to 22 November on the island of São ... -
EDP Renováveis and China Three Gorges invest in North Sea wind farm
EDP Renováveis, of the EDP – Energias de Portugal group, signed an agreement with the China Three Gorges Group to carry out a joint ... -
São Tomé and Equatorial Guinea make decision on joint oil exploration in December
São Tomé and Príncipe and Equatorial Guinea will try to formalise in December a proposal for a partnership for oil exploration on their common ... -
Angola and Mozambique among African countries with best growth prospects
Angola and Mozambique are on the list of African countries with better prospects for economic growth and business opportunities, according to a study by ... -
Angola | Tax revenues from oil exports in sharp decline
The drop in Angolan tax revenues from oil exports worsened in September, falling 52.8 percent over the same month of 2014, representing income of ... -
Fish exports earn Mozambique USD80 million a year
Mozambique gets estimated annual revenue of US$80 million from exporting fish, which has remained at an annual average of 250,000 tons, the Minister for ... -
Angola and China to accept national currencies in bilateral trade
The central banks of Angola and China are due to settle the details of an agreement that will allow the use of national currencies ... -
Delta’s business in China based on e-commerce platform
The activity of the Delta Cafés group in China’s is 100 percent based on an e-commerce model, said in Lisbon Rui Miguel Nabeiro, the ... -
Three Gorges expected to contribute to construction of dams
The China Three Gorges group may put forward a proposal when the Brazilian government on 29 November auctions the concessions for construction and operation ... -
Private investment in Angola has new regulations
The new regulations for carrying out private investment in Angola stipulates the creation of a “fast lane” to speed up procedures and technical support ... -
Millennium Angola merges with Banco Privado Atlântico
Banco Millennium Angola will merge with Angolan bank Banco Privado Atlântico under a memorandum of understanding signed Thursday, Portugal’s Banco Commercial Português (BCP) said ... -
Chinese companies bolster oil sales in Angola
Chinese companies are bolstering Angola’s oil sales, even at a time of uncertainty when Chinese purchases from other countries in the region, such as ... -
Portugal | Textile companies take part in fair in China
Eleven Portuguese companies will take art from 13 to 15 October in Shanghai, China, in Intertextile Shanghai Apparel Fabrics, one of the busiest fabric ... -
Trade delegation identifies business opportunities in East Timor
Malaysian businesspeople who visited East Timor this month identified several investment and business opportunities in the country, said Abu Bakar Koyakutty, director of the ... -
Portugal | HK consortium pays 288 million euros for wind power company
A consortium formed equally by Cheung Kong Infrastructure Holdings Limited (CKI) and Power Assets Holdings Limited (PAH) paid 288 million euros for Portuguese wind ... -
Exchange agreement with China could allow Angola to overcome lack of dollars
The fall in oil revenues has led the Angolan authorities to restrict the availability of US dollars, and, according to Portuguese bank BPI, part ... -
Mozambique | Chinese ambassador announces cooperation projects
China will finance the construction of a pediatric unit and residences for physicians in Beira, in Mozambique’s Sofala province, announced the new Chinese ambassador ... -
Fitch Ratings lowers Angola’s credit rating to B+
Fitch Ratings has lowered Angola’s credit rating from “BB-” to “B+”, to reflect the effects that low oil prices have had on the economy, ...
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