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Angola launches a public tender to build a refinery in Zaire province

27 August 2019
| Angola
The Angolan government plans to launch an international public tender for the construction of the Soyo Refinery in Zaire province, the Ministry of Mineral Resources and Oil said on Monday in a statement issued in Luanda.

New board of Angola Geological Institute plans to attract foreign investors

27 August 2019
| Angola
Improving the geological information about the country to attract foreign investors is one of the priorities of the new Board of Directors of the Geological Institute of Angola (IGEO), inaugurated on Monday, in Luanda, said the new president of the institution.

Mining concessions in Angola attract more than 60 interested parties attend a presentation in Luanda

27 August 2019
| Angola
The first presentation of the public tender to grant mining rights in Angola, taking place on Tuesday, in Luanda, received more than 60 expressions of interest, namely from Brazil and South Africa, according to the Ministry of Mineral Resources and Oil.

Ceiba Intercontinental replaces euroAtlantic as São Tomé and Príncipe airline

27 August 2019
| Portugal | São Tomé and Príncipe
Equatorial Guinea's Ceiba Intercontinental airline is STP Airways' new partner, replacing Portugal's euroAtlantic, said São Tomé and Principe's Minister for Public Works, Infrastructure, Natural Resources and Environment.

Ho Iat Seng is the newly elected Chief Executive of Macau

26 August 2019
| China | Macau
Ho Iat Seng, former President of the Legislative Assembly, was elected Chief Executive of the 5th Government of the Macau Special Administrative Region (MSAR) on Sunday, receiving 392 valid votes, or 98% of the total of 400 members of the Chief Executive Electoral Commission (CEEC).

Macau economy enters a technical recession with 2.5% contraction in the first half of 2019

26 August 2019
| Macau
Macau fell into a technical recession following two consecutive quarters of contraction in its economy, based on the evolution of Gross Domestic Product, with declines of 1.8% in the second quarter and 3.2% in the first, according to the region's Statistics and Census Bureau.

Angola’s public debt to China down by US$400 million in 15 months

26 August 2019
| Angola | China
Angola's public debt to China fell from US$23.2 billion in 2017 to US$22.8 billion at the end of the first quarter of 2019, a reduction of US$400 million, according to a report by the Centre for Scientific Studies and Research (CEIC) of the Catholic University of Angola, due to be presented next Thursday, in Luanda.

Japan lends US$44 million to Mozambique for Maputo Power Station

26 August 2019
| Mozambique
Japan has granted a US$44 million loan to Mozambique to make projects for the Maputo Thermoelectric Power Plant (CTM) viable. The agreement was signed on Friday in Maputo by the Minister of Foreign Affairs and Cooperation, José Pacheco, and the Japanese ambassador to Mozambique, Toshio Ikeda.

US bank wants to fund a natural gas project in Mozambique

26 August 2019
| Mozambique
The US Export and Import Bank will notify Congress of a projected US$5 billion loan to support the export of goods and services for the development and construction of the liquefied natural gas project located in the Afungi peninsula in the Cabo Delgado province of northern Mozambique, according to a statement issued in Washington.

55th Maputo International Fair, Mozambique opens with 20 countries attending

26 August 2019
| China | Mozambique | Portugal
The Maputo International Fair, the largest trade fair in Mozambique, on Monday begins its 55th edition in Ricatla, in the Marracuene district of Maputo province, with the participation of 20 countries, as well as Macau.

Angola expected to have two more years of economic recession in 2019 and 2020

23 August 2019
| Angola
Angola is expected to see another two years of recession, with rates of -2.2% in 2019 and -1.9% in 2020, according to the latest forecasts from the Economist Intelligence Unit (EIU), released on Thursday.

Portugal buys five military transport aircraft from Brazil’s Embraer

23 August 2019
| Brazil | Portugal
Portugal has purchased five KC-390 multi-mission transport aircraft, support and services and flight simulator from Brazilian aeronautical company Embraer, and the respective contract was signed on Thursday in Évora, at the company's facilities.

Final Proposal on Local Content Law in Mozambique sees no private sector consensus

23 August 2019
| Mozambique
The final proposal of Mozambique's Local Content Law, which aims to regulate the participation of Mozambican companies in large extractive industry projects, has been approved after five years of discussion between the government and the private sector, according to the daily newspaper O País.

New photovoltaic plant under consideration in Mozambique

23 August 2019
| Mozambique
The environmental impact study of a 50-megawatt photovoltaic power plant to be built in Lichinga, the capital of Niassa province, northern Mozambique, will begin in September under a recently signed memorandum.

Angola extends public tender deadline for privatisation of agribusiness enterprises

23 August 2019
| Angola
The deadline for the submission of bids to the public tender for privatisation of agribusiness enterprises in Angola has been extended from July to September, according to the Angolan state assets institution, Igape.

Privatisation of companies in Angola safeguards jobs and state interests

23 August 2019
| Angola
The privatisation process of public companies underway in Angola safeguards the jobs and interests of the state, said the the deputy coordinator of the technical group of the Privatisation Programme (ProPriv).

Angolan textile factories return to state ownership

22 August 2019
| Angola
The former África Têctil factory, managed by Alassola, Indústria Têxtil de Benguela since 2014, on Wednesday returned to Angolan state ownership through the Institute of Public Asset Management (IGAP), the Angolan press reported.

Macau welcomes 23.8 million visitors from January to July

22 August 2019
| Macau
Macau received 23.8 million visitors from January to July, up 20.0% year-on-year, according to the Statistics and Census Bureau.

Angola’s Biocom produces 65,000 tonnes of sugar in the first semester

22 August 2019
| Angola | Brazil
Angolan bioenergy company Biocom produced 65,000 tonnes of sugar in the first half of the year at its facilities in Cacuso municipality, Malanje province, the company's deputy director-general said on Tuesday.

Angolan airline receives Dash 8 Q400 aircraft from January 2020

22 August 2019
| Angola
Angolan flagship airline TAAG will receive between January and February 2020 six Dash 8 Q400 aircraft, currently built by Havilland Canada, said the airline's chief executive.

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