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IMF Director-General visits Angola to discuss financial support

7 December 2018
| Angola
The Director-General of the International Monetary Fund (IMF), Christine Lagarde, is due to visit Angola from 20 to 22 December, the Angolan Ministry of Finance said in a statement released on Thursday in Luanda.

IFAD supports Angola’s rural development programme

7 December 2018
| Angola
The implementation of Angola's rural development programme will be financed by US$200 million from the International Fund for Agricultural Development (IFAD), officials announced on Thursday in Luanda.

Government of Mozambique grants state guarantees to public companies

7 December 2018
| Mozambique
The Mozambican state's business sector will have state guarantees to take on debt of up to 151.25 billion meticals (US$2.439 billion), according to the State Budget for 2019.

Anadarko Petroleum plans to contract insurance for operations in Mozambique

7 December 2018
| Mozambique
Anadarko Mozambique Area 1, Lda. Intends to contract insurance for natural gas extraction operations in northern Mozambique, according to an announcement published in the print edition of Maputo daily newspaper Notícias.

Cabo Verde expected to get around 30% of electricity from renewable sources by 2025

7 December 2018
| Cabo Verde
Thirty percent of electricity production in Cabo Verde (Cape Verde) is expected to be provided by renewable sources by 2025, according to the Energy Sector Master Plan for 2018-2025, approved on Thursday by the Council of Ministers.

Xi Jinping’s visit to Portugal ends with the signing of 17 agreements

6 December 2018
| China | Portugal
The official visit by Chinese President Xi Jinping to Portugal ended on Wednesday with the signing of 17 two-way agreements, most notably a memorandum of understanding on the Chinese 'Belt and Road' initiative, the Portuguese press reported.

Macau’s economy to grow at real rate of 3.8% in 2018 – EIU

6 December 2018
| Macau
Macau's economic growth forecast in the December report from the Economist Intelligence Unit (EIU) was revised down from the September report from 5.8% to 3.8% this year.

Angolan government eliminates monopoly on the sale of diamonds

6 December 2018
| Angola
The Angolan government approved the Technical Regulations for the Sale of Rough Diamonds and formally created the National Oil and Gas Agency (ANPG), during a meeting of the Council of Ministers on Wednesday in Luanda.

Angola spends US$230 Million on Commercial Agriculture Development

6 December 2018
| Angola
The Commercial Agriculture Development Project (PDAC), an initiative to be implemented in two phases over a six-year period and launched on Wednesday in Luanda, will cost US$230 million, said the Angolan Secretary of State for Agriculture.

Government of Cabo Verde prepares to set up competition regulator

6 December 2018
| Cabo Verde
Cabo Verde (Cape Verde) is set to have a competition regulator, with its creation scheduled for 2019, the deputy prime minister and finance minister announced on Wednesday in Praia.

President Xi Jinping says China and Portugal are “entering the best period of their history”

5 December 2018
| China | Portugal
Relations between Portugal and China are "entering the best period of their history," said Chinese President Xi Jinping, alongside Portuguese counterpart Marcelo Rebelo de Sousa, in the first statements he made on his official visit to Portugal.

Business mission from the Chinese city of Shenzhen visits Angola this month

5 December 2018
| Angola | China
A business mission from the Chinese city of Shenzhen is due to visit Angola in December to make business contacts and launch development projects in the Luanda/Bengo Special Economic Zone, the Angolan ambassador to China said.

Deadline to claim public debt arrears in Angola ends on 31 January 2019

5 December 2018
| Angola
The Angolan government has set 31 January, 2019 as the deadline for submitting complaints about arrears of domestic debt for the years 2013 to 2017, the Finance Ministry said in a statement.

Angola launches commercial agriculture development project

5 December 2018
| Angola
Angola's Commercial Agriculture Development Project (PDAC), an initiative supported by the World Bank and the French Development Agency, has been launched in Luanda, reported the Ministry of Agriculture and Forestry.

Cabo Verde has a new Business Registration Information System

5 December 2018
| Cabo Verde
The Commercial Registry Information System (SIRC) will make the lives of citizens and businesses easier and improve the business environment in Cabo Verde (Cape Verde), Justice and Labour Minister Janine Lélis said on Monday in Praia.

Portugal wants China’s investment in productive areas

4 December 2018
| China | Portugal
China is a "partner country that is a friend of Portugal," due to China's focus on Portuguese companies, said on Monday in Lisbon the economy minister, who stressed the need to achieve "productive investment."

Brazil expected to see record soy export year in 2018

4 December 2018
| Brazil | China
Brazil is set to end 2018 with a record 82.5 million tonnes in soy exports, up from 68 million tonnes in 2017, the National Association of Grain Exporters (ANEC) announced on Monday.

Syrah Resources achieves graphite extraction target in Mozambique in 2018

4 December 2018
| Mozambique
Syrah Resources is expected to reach the planned target of 101,000 - 106,000 kilogrammes of graphite concentrate by the end of the year, the Australian company said in a market filing.

Mozambique receives US$83.4 million in auction for mobile telecommunications frequencies

4 December 2018
| Mozambique
The Mozambican government expects to collect US$83.4 million from the auction of frequencies for mobile telecommunications operators held in November, according to a recent official statement.

Guinea-Bissau has already exported cashew nut production from the 2018 campaign

4 December 2018
| Guinea-Bissau
Farmers in Guinea-Bissau have already sold all of the cashew nuts harvested this season, at an average price of 500 CFA francs (86 cents) per kilogramme, said the Inspector General for Trade.

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