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Angolan government to pay more than US$360 million in arrears by March 2020

31 December 2019
| Angola
The government of Angola will pay 179 billion kwanzas (more than US$360 million) in unsettled debts to companies that supplied goods and services to the State between 2013 and 2017 by the end of March 2020, according to a guarantee included in the "Annual Report on the Strategy to Settle Arrears."

SMEs in Mozambique join national enterprise certification programme

31 December 2019
| Mozambique
Mozambique’s National Programme for Enterprise Certification (Pronacer) already has 70 companies registered from a variety of sectors of activity of a total expected in the pilot phase of 200 small and medium-sized enterprises (SMEs), according to the Mozambican Confederation of Economic Associations.

Unemployment rate in Cabo Verde falls in first half of 2019

31 December 2019
| Cabo Verde
(CN) 据佛得角国家统计局（INE）周一发布的数字，该国失业率从2018年的12.2％下降至2019年上半年的10.7％，降幅为1.4个百分点；就业不足率则上升7个百分点至21.7％。

Mozambique’s Gorongosa National Park to increase tourism offer in 2020

31 December 2019
| Mozambique
Gorongosa National Park, located in Sofala province, central Mozambique, in 2020 plans to open a camp for tourists in the heart of the reservation, with fully equipped tents, announced the institution in a statement issued on its website.

Angola’s CFB takes delivery of first lot of train wagons ordered from Chinese group

30 December 2019
| Angola | China
The management company of the Benguela Railroad (CFB) has received the first lot of 60 wagons of 300 ordered from Chinese company Sinotrans Changhang to boost cargo transport, particularly from the Democratic Republic of Congo (DRC), to the port of Lobito, for export, the Angolan press reported.

Macau’s Gross National Income in 2018 totals US$50.7 billion

30 December 2019
| Macau
Macau's Gross National Income (GNI) totalled 406.02 billion patacas (US$50.7 billion) in 2018, and per capita income was 614,950 patacas (US$76,868), the region's Statistics and Census Bureau said.

A subsidiary of Chinese group Sinotrans Changhang invests US$30 million in Angola

30 December 2019
| Angola | China
Sinotrans Angola has invested over US$30 million in Angola over the last 11 years, the assistant director-general of the subsidiary of Sinotrans Changhang said in Lobito, Benguela province on Friday.

Road fund owns entire share capital of Mozambique’s road network company Revimo

30 December 2019
| Mozambique
Rede Viária de Moçambique (Revimo), a limited company founded in September 2018, has as its only shareholder the country's Road Fund, an institution run by the Ministry for Public Works, Housing and Hydro Resources, Savana/mediaFAX reported.

Comanganês company proposes to invest US$17 million in iron ore mining in Angola

30 December 2019
| Angola
Angolan company Comanganês, the only one to make a proposal for iron ore exploration in an international public tender for mining rights, plans to invest US$17 million in the Cassala Kitungo mine, in Kwanza Norte province, said the company’s managing director.

Angola opens embassy in Timor-Leste

30 December 2019
| Angola | Timor-Leste
Angola will have an embassy in Timor-Leste, a move that is intended to boost Angola's relations with other members of the Community of Portuguese-speaking Countries (CPLC), said Angola’s Minister for Foreign Relations.

Angola’s public debt to fall to 69.4% of GDP in 2024 – IMF

27 December 2019
| Angola
Angola's total public is expected to fall to 69.4% of GDP in 2024, compared with a forecast of 110.9% of GDP in 2019, according to a table included in a detailed report by the International Monetary Fund (IMF) recently published in Washington.

Maritime transport loses importance in the connection between Hong Kong and Macau

27 December 2019
| China | Macau
The number of visitors who arrived in Macau in November by sea, approximately 413,700, represented a decline of 39.0% year-on-year, said Statistics and Census Bureau.

New customs tariffs come into force on 29 December in Angola

27 December 2019
| Angola
Angola's revised Customs Tariff, which is due to enter into force on 29 December, eliminates the current export tax on crude ores, set at 5.0% until now, the General Taxation Administration (AGT) said in a statement released on Thursday in Luanda.

Port of Luanda handles less cargo in the 3rd quarter of 2019

27 December 2019
| Angola
The port of Luanda processed 1.64 million tonnes of cargo in the third quarter of 2019, a real drop of 318,250 tonnes or 16.2% compared with the same period of 2018, according to the Statistical Bulletin of state company Porto de Luanda.

Cabo Verde receives 553,000 tourists in first nine months of the year

27 December 2019
| Cabo Verde
The number of tourists that stayed in Cabo Verde's hotel establishments in the period from January to September 2019 rose by 7.5% to 553,600, said the archipelago's National Statistics Institute

Cabo Verde Government wants to transform the country into a Digital Centre

27 December 2019
| Cabo Verde
The Digital Agenda of Cabo Verde, focused on a "new national vision" for broadband, the digital dividend and on analogue complements to transform the country into a Digital Centre, will be implemented in 2020, according to an official statement released on Thursday in Praia.

Natural gas will make Mozambique’s economy grow at a rate of 9.9% in 2024

26 December 2019
| Mozambique
Mozambique's economy will grow at a rate of 9.9% in 2024, a year after the extraction of natural gas begins in the Coral field of the Area 4 block, a project led by Italy's ENI and US group ExxonMobil, according to a forecast by the Economist Intelligence Unit.

Macau Chief Executive visits Guangzhou and Zhuhai to boost cooperation

26 December 2019
| China | Macau
Macau Chief Executive Ho Iat Seng said, during a visit to the neighbouring province of Guangdong, that cooperation with Zhuhai in the joint promotion of Hengqin Island, in order to increase the space for growth and inject new dynamism to the development of Macau, is one of the long-term objectives of his government.

Total and Sonangol sell fuels and lubricants in partnership in Angola

26 December 2019
| Angola
Angolan state oil and fuel company Sonangol and the Total group have started marketing activities for oil products following the approval of the deal by the Regulatory Competition Authority (ARC), according to a statement from the French group.

China puts Chinese-Brazilian satellite CBERS-4A into orbit

26 December 2019
| Brazil | China
The CBERS-4A satellite was launched in the early hours of Friday, 20 December, from the satellite launching centre of Zhanjiang, a city located in China's Shanxi province, about 700 kilometres from the capital, Beijing, according to official information.

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