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Mozambican parliament assesses impact of extractive industry in Cabo Delgado

22 January 2019
| Mozambique
The Economic and Environmental Commission of the Mozambican parliament travelled to the province of Cabo Delgado to assess the socio-economic impact on local communities of the exploitation of mineral resources, said the delegation's spokesman.

China and Brazil resolve commercial dispute over chicken meat

22 January 2019
| Brazil | China
China's Ministry of Commerce has accepted a proposal from Brazilian poultry exporters to end a dispute over dumping, a lawyer at MPA Trade Law told Reuters on Monday.

Cabo Verde Government creates sovereign fund with starting capital of 90 million euros

22 January 2019
| Cabo Verde
The Cape Verdean government has set up a Sovereign Fund with an initial allocation of 90 million euros to support national companies, announced the Cabo Verde (Cape Verde) deputy prime minister and finance minister.

Luso-Angolan bank expands to Spain

22 January 2019
| Angola | Portugal
Lisbon-based bank Banco Atlântico Europa will open a branch in Spain this year as it plans to add customers by expanding to other European countries, CEO Diogo Cunha told Bloomberg.

China donates 100 million yuan to Angola’s agricultural sector

21 January 2019
| Angola | China
The Angolan agricultural sector could benefit from a grant of 100 million yuan (US$14.7 million) from China for a number of projects, according to a presidential decree.

Roads in poor state of repair affect domestic tourism in Angola

21 January 2019
| Angola
The reduction of domestic tourism in Angola due to the poor state of repair of inter-provincial roads and the high price of tickets is having a negative effect on the occupancy rate of hotels and similar establishments, the country's Tourism Minister has said.

End of double taxation between Angola and Portugal approved in Lisbon

21 January 2019
| Angola | Portugal
The Portuguese Parliament voted in favour of a proposed government resolution approving the agreement to eliminate double taxation with Angola, the Portuguese press reported on Friday.

Mozambican telecoms companies TdM and Moçambique Celular merge to create Mozambique Telecom

21 January 2019
| Mozambique
Mozambique Telecom is the new state-owned company that has resulted from the merger of public telecommunications companies Telecomunicações de Moçambique (TdM) e Moçambique Celular (MCel), the Mozambican press reported.

World Bank finances repair of São Tomé and Príncipe’s main highway

21 January 2019
| São Tomé and Príncipe
The World Bank will provide São Tomé and Príncipe with US$27 million to finance the repair of the road linking São Tomé and Neves, in the district of Lemba, along a 27-kilometre route, the STP-Press news agency reported.

China is Mozambique’s largest country creditor up to 2017

18 January 2019
| China | Mozambique | Portugal
China was Mozambique's largest creditor country at the end of 2017, with loans totaling US$1.8 billion, according to the Report and Opinion of the Administrative Tribunal on that year's State General Account.

Governor of the National Bank of Angola admits more banks may close

18 January 2019
| Angola
The governor of the National Bank of Angola has admitted more banking licenses may be revoked in the country, two weeks after the licenses of Banco Mais and Banco Postal were revoked, financial news agency Bloomberg reported.

Mozambique sets up gold trading warehouse in Manica

18 January 2019
| Mozambique
Mozambican state-owned Empresa Moçambicana de Exploração Mineira (EMEM) will set up a commercial warehouse in the province of Manica for the purchase and sale of gold mined in the province, the deputy minister of Mineral Resources and Energy announced on Thursday.

Government of São Tomé and Príncipe appoints new Oil Agency director

18 January 2019
| São Tomé and Príncipe
The new government of São Tomé and Príncipe has appointed lawyer Olegário Tiny as the executive director of the National Oil Agency, according to a decision to which Macauhub had access in São Tomé.

Cabo Verde considers opening embassy in Guinea-Bissau

18 January 2019
| Cabo Verde | Guinea-Bissau
The Cape Verdean government intends to open an embassy in Guinea-Bissau, which is expected to happen in 2020, said Cabo Verde's (Cape Verde's) new ambassador to Guinea-Bissau, Inacio Felino de Carvalho.

China’s General Nuclear Power Corporation buys solar and wind power assets in Brazil

17 January 2019
| Brazil | China
The China General Nuclear Power Corporation (CGN) group has bought all the existing solar and wind power assets of Italy's Enel group in Brazil, the group said in a statement released on Wednesday in Rome.

Angola doubles oil export revenue in 2018

17 January 2019
| Angola
Revenue from Angola's oil exports doubled in 2018 to 3.33 trillion kwanzas (US$10.681 billion), according to figures from the General Tax Administration released on Wednesday by the Ministry of Finance.

Angolan Government wants to stop importing agricultural products

17 January 2019
Angola plans to stop importing agricultural products in the short to medium term, considering investments being made by private companies, the Angolan Minister of Trade said on Tuesday in the municipality of Chinguar, Bié province.

Angola plans to buy aircraft for TAAG airline

17 January 2019
| Angola
The Angolan transport minister is due to sign contracts to buy aircraft from Boeing and Bombardier to modernise the fleet of Angolan air carrier TAAG, according to a presidential dispatch.

Angola’s agreement with IMF expected to lead to price rises

17 January 2019
| Angola
(CN) 据《中葡简报》（CLBrief）称，安哥拉与国际货币基金组织（IMF）签署的协议使该国成为外国可信赖的投资目的地，但公司和人民预计货品价格会上涨。

Angola prepares to end double taxation with China, UAE and Portugal

16 January 2019
| Angola | China | Portugal
The Angolan parliament on Tuesday in Luanda approved a set of documents related to agreements to eliminate double taxation and prevent income tax evasion with China, the United Arab Emirates and Portugal.

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