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News

City of São Paulo, Brazil, wants more investment from China

21 July 2017
| Brasil | China | São Paulo
The mayor of the Brazilian city of São Paulo, João Dória is due to begin a visit to China on Friday to attract investment to his city, Chinese news agency Xinhua reported.

Angola simplifies industrial permit process

21 July 2017
| Angola | Indústria
The Angolan Ministry of Industry on Thursday in Luanda presented the new System of Industrial Licensing via Web (SILAI), which will facilitate the process of obtaining an industrial permit in 10 working days, compared to 30 days currently.

German consortium repairs road between Kwando Kubango and Huíla in Angola

21 July 2017
| Alemanha | Angola | Estradas
German consortium Inzag Germany GmbH and GAUFF will repair the road between Cuchi and Curato, which connects the province of Kwando Kubango to the province of Huíla in Angola, according to Angolan news agency Angop.

IMF concerned about growth prospects in Mozambique

21 July 2017
| FMI | Moçambique
The mission of the International Monetary Fund (IMF), which visited Mozambique to assess the country's economic and financial situation, said it was concerned about the growth prospects of the Mozambican economy, which remain difficult, as in 2016 growth was only 3.8%, although it is expected to rise to 4.7% this year.

Mozambique to sell 3.7 million tonnes of grain in 2017

21 July 2017
| Agricultura | Moçambique
Mozambique expects to sell 3.7 million tonnes of grain this year, of which 3.4 million are corn, Mozambican daily newspaper Notícias reported on Friday.

China National Nuclear Corporation interested in Angra 3 nuclear power plant in Brazil

20 July 2017
| Angra 3 | Brasil | China | CNNC | nuclear
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 since 2015, daily newspaper O Globo reported.

Angola’s GDP expected to grow over the next five years

20 July 2017
| Angola | economia | EIU Economist
Angola's economy will grow in between 2017 and 2021 after expanding by just 0.6% in 2016, according to the Economist Intelligence Unit (EIU) in its July report on the African country.

Brazil exports 33% of Brazilian agribusiness to China in first half

20 July 2017
| Brasil | China | Soja
China imported US$13 billion worth of agricultural and livestock products from Brazil in the first half of this year, which was a 21% increase over the same period of 2016, according to the Brazilian foreign trade portal (COMEX).

China promises to support Guinean private sector

20 July 2017
| China | Guiné-Bissau
China's ambassador to Guinea-Bissau said his country was willing to provide all necessary support to the local private sector in order to boost the Guinean economy.

Japanese agency supports staff training in Mozambique

20 July 2017
| JICA | Moçambique
The representative of the Japanese International Cooperation Agency (JICA), Yamashita Chigiru, said in Tokyo that the organization will continue to support Mozambique to train public officials on financial management and accounting.

Guangdong business mission visits Luanda, Angola, to study partnerships and business

19 July 2017
| Angola | Guangdong | Luanda
A delegation from the Chinese province of Guangdong is in Luanda to strengthen cooperation with the province of Luanda in the automotive, electrical energy and agriculture sectors.

Chinese company builds waste recycling plant in Luanda, Angola

19 July 2017
| Angola | CHEC | China
The China Harbour Engineering Company (CHEC) has been contracted by the Angolan government to build a solid waste recycling plant in Luanda for an investment of US$195 million, according to official information.

Brazil’s Azul and China’s Beijing Capital establish codeshare for Brazil-Beijing-Brazil route

19 July 2017
| Azul Linhas Aéreas | Beijing Capital Airlines | Brasil | China
Brazilian airline Azul Linhas Aéreas and China's Beijing Capital Airlines have signed a codeshare agreement allowing passengers of both airlines to use the Brazil-China-Brazil route as soon as the Chinese-owned airline starts flights to Lisbon, Portugal.

Angola invests US$266 million in power system of Laúca hydroelectric plant

19 July 2017
| Angola | barragens | Laúca
The Angolan government plans to invest about US$266 million in the energy transport system projected related to the Laúca hydroelectric plant, which is under construction on the River Kwanza, in the province of Malanje.

Mozambique’s economy grows 2.9% in the first quarter

19 July 2017
| EIU | Moçambique
Mozambique grew 2.9% in the first quarter compared to the same quarter last year, according to the Mozambican National Statistics Institute (INE).

China invests 6.8 billion euros in Portugal in 2016

18 July 2017
By the end of 2016 Chinese companies invested 6.8 billion euros in Portugal in sectors such as energy, finance, insurance, telecommunications and civil aviation, said the Economic and Commercial attaché of the Chinese embassy in Portugal.

Electric taxis built by China’s BYD launched in Belo Horizonte, Brazil

18 July 2017
| Belo Horizontes | Brasil | BYD
Electric taxis produced by Chinese company Build Your Dream (BYD) are due to start operating in the city of Belo Horizonte, in the State of Minas Gerais, Brazil.

Academy of Fisheries and Marine Science opens in Angola with support from Poland

18 July 2017
| Angola | Namibe | Pescas
The Namibe Academy of Fisheries and Marine Sciences in Moçamedes, Angola, opened on Monday and will receive US$60 million from Poland to complete the third phase of the project.

Government of Guinea-Bissau creates consortium to manage submarine cable

18 July 2017
| Guiné-Bissau | Telecomunicações
The Government of Guinea-Bissau announced on Monday the creation of the Bissau Cabo consortium to manage the submarine cable that will connect to the Africa Coast Europe (ACE) submarine cable that connects Africa to Europe.

BNU bank of Timor-Leste launches country’s first credit cards

18 July 2017
| BNU | Timor-Leste
Banco Nacional Ultramarino (BNU) of Timor-Leste (East Timor) has launched the country's first Visa debit and credit cards, the bank said.

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