Features

Cape Verde and Mozambique are two of the most attractive destinations for investment in Africa

22 April 2013

Cape Verde and Mozambique are two of the most attractive destinations for foreign investment in Africa in 2013, according to a document published in Lille by French consultancy StrategiCo. In the “Ri…

Macao tourism growing stronger

19 April 2013

After years of remarkable growth, Macao’s tourism industry is facing a number of challenges. It needs to focus on quality in order to extend the virtuous cycle of a city aiming at becoming a world tou…

CNPC’s move into the Mozambican market improves outlook for country’s gas industry

15 April 2013

The entry of the China National Petroleum Corporation (CNPC) into the Mozambican natural gas market is expected to improve the industry’s outlook, according to the Economist Intelligence Unit (EIU). …

Chinese companies move into renewable energy and water sectors in Portugal

8 April 2013

Solar energy and water and sanitation are the new business areas for Chinese companies in Portugal, where the country already has a presence in power generation and distribution. Last week the Hanerg…

Sovereign debt rating attracts investment to Angola and Mozambique

2 April 2013

Angola and Mozambique are amongst the southern African countries that have seen increased foreign direct investment (FDI) following rating of their public debt by an increasing number of international…

Beira Special Economic Zone boosts relations between Mozambique and China

25 March 2013

The creation of the Beira Special Economic Zone (ZEE) will boost relations between Mozambique and China and attract investment to the neglected central area of the East African country, the Economist …

Portugal’s Galp Energia moves into Brazil and Mozambique in partnership with Chinese oil companies

18 March 2013

Portuguese oil group Galp Energia last week gained a new Chinese partner in Mozambique, the CNPC group, whilst it is also preparing large investments with China's Sinopec in Brazil, according to a fiv…

Loan from China Development Bank to Sonangol is a sign of the “close relationship” between Angola and China

11 March 2013

The US$1.32 billion loan recently granted by the China Development Bank to Angolan oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) is a sign of the “close relationship” between the…

US$1 billion readied for development projects in Portuguese language countries

4 March 2013

The US$1 billion fund for projects in Portuguese language countries will become available “soon”, the assistant secretary-general of Forum Macau, Rita Santos, said during a visit to Portugal. In Lisb…

Chinese investment allows Mozambique to become a car manufacturer

25 February 2013

Mozambique is expected to become a car manufacturing and exporting country this year following an investment by China Tong Jian Investment, which is also attracting other companies in the sector to Mo…

Getting older in Macao – Local population is aging, but young-immigrant numbers are increasing

22 February 2013

People are getting older in Macao. The Statistics and Census Service (DSEC) registered 557,400 people living in Macao by the end of 2011, of which the majority (80.8 percent) were aged between 15 and …

Brazil and Africa are the basis for Chinese interest in Portugal Telecom

18 February 2013

China Mobile is interested in expanding into the Portuguese and Brazilian market and Portugal Telecom is expected to be its preferred investment target, because of its operations in Africa and Brazil,…

Angola wants to become international mining powerhouse

14 February 2013

Angola wants to become an international mining powerhouse, attracting investors to steel, gold and copper production thus leaving the sector less dependent on diamond price fluctuations. An essential…

Angola’s Banco BIC is Portuguese-speaking world’s new bank

4 February 2013

The Portuguese-speaking world will soon have a new bank operating in several countries, BIC, which is waiting for authorisation from the Portuguese government to absorb BPN Brasil and BPN Cabo Verde a…

Mozambique focuses on industry to create 216,000 jobs

28 January 2013

Industry and the agro-industrial sector are the Mozambican government’s focus to create almost 216,000 jobs in 2013, whilst the economy is expected to post one of the world’s highest rates of growth. …

Financial markets show renewed interest in Angola

21 January 2013

The creation of the Angola Sovereign Fund and an international debt issue organised by Russian bank VTB have led to renewed interest from financial markets in Angola, according to the EMEA Finance web…

China “determined and pro-active” about the future of the relationship with Portuguese-speaking countries

14 January 2013

Countries such as Angola and Brazil have become “vital for the prosperity,” of China, which is expected to continue investing in a “determined and deliberate” way in its relationship with the Portugue…

China’s newest special zone, next to Macao, rises from the ground

11 January 2013

A few hundred metres from the western edge of Macao, China’s newest special zone is rising rapidly from the ground. Giant earth-shifting equipment is in place, and thousands of construction workers ar…

Angolan oil sector scenario “brilliant” EIU says

7 January 2013

Angola’s oil sector entered 2013 with a brilliant scenario in which production is close to record levels seen in 2008 due to the start of exploration of a new oil well and overcoming technical difficu…

Competition in East Timor’s telecoms sector expected to drive down costs and boost coverage

2 January 2013

Timor-Leste (East Timor) is preparing to liberalise its telecommunications market in the first quarter of 2013, which is expected to drive prices down and expand the country’s telecommunications infra…

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