Features

Feasibility studies of CESUL project nearing completion in Mozambique

17 November 2014

The feasibility studies for the Project for Regional Development of Energy Transport between the Centre and the South (CESUL) in Mozambique are almost complete and are due for submission in the first …

Angola needs to diversify to reduce dependence on oil

10 November 2014

Angola is on course to become the largest oil producer in sub-Saharan Africa, but this status comes with a greater urgency to diversify the economy and to boost the importance of the non-oil sector. …

LNG: Will Mozambique be a winner in the global energy supply market?

7 November 2014

Mozambique is set to have one of the most promising liquid natural gas (LNG) export markets over the next decade, thanks to recent discoveries of vast reserves of natural gas. Although exploration has…

Mozambique to supply natural gas to China

4 November 2014

China, which currently has Angola as one of its main oil suppliers, plans to position itself to have Mozambique as a major source of natural gas supply in the future. To secure funding for the large …

Reinvention and Rejuvenation – Foshan seeks new model for success

31 October 2014

In 1968, He Xiangjian spent 5,000 yuan on a workshop to make bottle tops in a township of Foshan, Guangdong province. From this humble beginning grew the Midea Group, one of the most successful privat…

China leads acquisitions in Portugal, Brazil leads by total investment

27 October 2014

China is at the top of mergers and acquisitions this year in Portugal, Brazil leads by total investment in the country and Angola has tripled the amount invested at a time of great change in the Portu…

Archaeologists discover Neolithic site in Coloane, Macau

24 October 2014

Archaeologists hired by the Cultural Affairs Bureau (IC) have discovered what they believe to be a late Neolithic (New Stone Age) or early Bronze Age site, dating back 3,000 to 3,800 years in the old …

Angolan banking sector shows signs of consolidation

20 October 2014

In recent years Angola has witnessed the relentless Increase in the number of banks, with many investors attracted by high returns, but consolidation is expected to be the watchword over the next few …

Geocapital returns to the banking sector in Mozambique

13 October 2014

Investment company Geocapital is about to return to the banking sector in Mozambique, now through Banco Mais and a new partner, more than a year after it scrapped a partnership that took Moza Banco to…

Young kung-fu master – From teenage athlete to gold medallist

10 October 2014

With his casual wear and nice manners, Jia Rui looks like just any young person in Macao. But the 27-year-old is in fact a champion of martial arts, specialising in the quick and elegant manoeuvring o…

China’s Fosun International expands asset portfolio in Portugal

6 October 2014

China has, without a doubt, been the biggest foreign investor in Portugal in recent years and 2014 seems to be the year of Fosun International, with the expansion of business in the insurance sector i…

Mozambique among the countries with the highest economic growth in 2014

29 September 2014

Mozambique is this year among the fastest growing economies in the world, with growth in all sectors, especially the financial and mining sector. Growth of 6.9 percent in the second quarter of 2014 c…

Pushing the Frontier – Macao seeks extra land on fast-growing Hengqin island

26 September 2014

The Macao government wants to lease additional land on the adjoining island of Hengqin to ensure enough space for its companies there. Declared a special zone just five years ago, the island has grow…

Portugal Telecom’s shareholdings in Africa expected to stay in Angola

22 September 2014

Brazilian group Oi, which now controls Portugal Telecom (PT), has decided to sell PT's African assets, including a stake in Angola's Unitel, whose value may reach 1.4 billion euros. Valued by differe…

The Helmsman – Badminton fan goes from typist to head of Macao Sports Institute

19 September 2014

It has been a long journey for Macanese Jose Tavares. In the 1980s, he was a typist at the Leal Senado and now he is President of the Sports Institute (ID), which oversees the nearly 60 disciplines pl…

Angola may be Africa’s biggest oil producer again in 2014

15 September 2014

Angola, one of the two main suppliers of oil to China may in 2014 become Africa's largest oil producer once again, with new wells coming online and production stagnating in Nigeria. After starting th…

Macao – Story of Success

12 September 2014

In 1999, the people of Macao were waiting, uncertain and uneasy, for their city to return to China after more than 400 years of Portuguese rule. Many had already taken a decision and emigrated with th…

Angola is the only country in Africa that makes more foreign investments than it receives

8 September 2014

The large size of Angolan investments abroad, namely in Portugal, is already reflected in the country's statistics, which showed that in 2013 Angola was the only country in Africa that made more inves…

Completion of Benguela Railroad will boost economic growth in Angola

1 September 2014

Completion of reconstruction work on the Benguela Railroad in Angola will have a positive effect on the economy, by stimulating sectors such as agriculture and diamond mining in that area of ​​the cou…

Angolan groups target telecommunications and banking sector in Cabo Verde

25 August 2014

Cabo Verde (Cape Verde) is the latest Portuguese-speaking country to attract the attention of major business and financial groups from Angola, which are expanding internationally and have gained promi…

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