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Spanish citizen buys Geocapital’s stake in Caixa Económica de Cabo Verde

6 May 2019
| Cabo Verde | Macau
The Bank of Cabo Verde (BCV) has approved the acquisition of a 27.44% stake in Caixa Económica de Cabo Verde (CECV) by International Holding Cabo Verde (IHCV), according to a statement released on Friday.

Angola’s bioenergy company starts exporting ethanol to Europe

6 May 2019
| Angola
Angolan biofuel company Biocom this month plans to export 8,500 cubic feet of ethanol to Europe in two shipments on 13 and 23 May, announced the company's sales director.

State Ports and Railways of Mozambique invest in the reconstruction of the line to Zimbabwe

6 May 2019
| Mozambique
Mozambican port and railway company CFM will invest US$200 million in the reconstruction of the Machipanda line to provide better services and to process more cargo for landlocked countries, such as Zimbabwe, announced the chairman of the state company.

International Finance Corporation opens representative office in Angola

6 May 2019
| Angola
The International Finance Corporation (IFC), of the World Bank Group, is opening a representative office in Luanda next September, said in Luanda, Frank Doumba, of the IFC.

Toyota Group wants to contribute to the development of Angola

3 May 2019
| Angola
The Toyota group is interested in contributing to the growth of Angola, not only in the automotive sector but in the areas of infrastructure and energy, the chief executive of Japan's Toyota Tsusho Corporation said on Thursday in Luanda.

Foreign tour operators visit cities of the Greater Bay

3 May 2019
| China | Macau | Portugal
Tour operators from Asia, the Americas, Europe, Australia and Russia have visited cities in the Greater Bay to familiarise themselves with these destinations and explore opportunities for tourism cooperation in Guangdong, Hong Kong and Macau, according to the Macau Government Tourist Office.

Privatisation of public companies in Angola will give rise to shareholder market

3 May 2019
| Angola
The government-approved privatisation of state-owned companies will lead, from July to the emergence of a stock market in Angola, the chairman of the board of the Angola Debt and Stock Exchange (Bodiva) said on Thursday in Luanda.

World Bank grants new credit to Angola

3 May 2019
| Angola
The World Bank will grant an additional loan of US$1.2 billion to Angola in June, which will be applied to a pre-selected set of projects, one of the institution's executive directors said on Thursday in Luanda.

Government of Angola establishes rules for importing goods in the basic basket

3 May 2019
| Angola
The import of the 54 products that make up Angola's basic basket has been restricted since 30 April to comply with a set of requirements that prioritises their acquisition in the domestic market, announced the Ministry of Economy and Planning.

Macau posts a trade deficit of US$2.267 billion in the first quarter of 2019

3 May 2019
| Macau
Macau posted a trade deficit of 18.137 billion patacas (US$2.267 billion) in the first quarter of 2019, compared to a deficit of 19.651 billion patacas in the same period of 2018, according to the region's Statistics and Census Bureau.

Portuguese President’s visit to China bolsters Forum Macau and cooperation with other countries

2 May 2019
| China | Macau | Portugal
Cooperation between China and Portugal in third markets and the role of Forum Macau were underscored during the official visit of the Portuguese president, Marcelo Rebelo de Sousa to China, concluded on Wednesday in Macau.

Macau and Portugal work together to expand the Macau Portuguese School

2 May 2019
| China | Macau | Portugal
The Government of the Macau Special Administrative Region will actively collaborate with the plan suggested by Portugal for the future expansion of the Macau Portuguese School (EPM), said the region's Chief Executive.

Anadarko Petroleum resumes negotiations with Occidental Petroleum Corporation

2 May 2019
| Mozambique
Anadarko Petroleum will resume negotiations with the Occidental Petroleum Corporation as the latter's bid proposal is higher than that put forward by the Chevron Corporation, Anadarko said in a statement.

Investment proposals in Angola reach US$750 million in nine months

2 May 2019
| Angola | China | Portugal
Between August 2018 and April last, Angola's Private Investment and Export Promotion Agency (Aipex) received 118 investment proposals worth a total of US$750 million, director Sandra Dias dos Santos, said in Luanda.

Market regulator ends China Three Gorges takeover bid for Energias de Portugal

2 May 2019
| China | Portugal
The applications for registration of the takeover bid for Portuguese power company EDP - Energias de Portugal and EDP Renováveis by the China Three Gorges group were rejected by the Portuguese Securities Market Commission (CMVM), the regulatory body announced in Lisbon.

Macau casino revenue falls in April to US$2.948 billion

2 May 2019
| Macau
Gross revenue from gambling in Macau's casinos fell 8.3% to 23.588 billion patacas (US$2.948 billion) in April, compared to the same period in the same period of 2018, according to the Gaming Inspection and Coordination Bureau

Portuguese president highlights deepening of political relations between Portugal and China

30 April 2019
| China | Macau | Portugal
The Portuguese president, Marcelo Rebelo de Sousa, on Monday in Beijing highlighted the "closer political relations" between Portugal and China, with the transition from "strategic partnership to a constant dialogue," through a memorandum of understanding.

Government of the Brazilian state of Ceará seeks investments in China

30 April 2019
| Brazil | China
Investments in logistics infrastructure projects in the Brazilian state of Ceará were analysed at a meeting held on Monday in Beijing at the headquarters of the China Communications Construction Company (CCCC), the Brazilian government said.

National Bank of Angola rules that banks must apply differentiated interest rates

30 April 2019
| Angola
Commercial banks operating in Angola will have to apply differentiated interest rates to their clients, under Instruction 04/2019, of 26 April, released on Monday in Luanda by the National Bank of Angola.

Angola wants to increase annual diamond production to 14 million carats

30 April 2019
| Angola
The Angolan government intends to increase the country's annual production of diamonds to 14 million carats, compared to the current 9 million carats, the Secretary of State for Geology and Mines said on Monday in Luanda.

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