Features

Re-launch of rail corridors to have “enormous impact” on Angola’s economy – Economist

28 February 2011

London, United Kingdom, 28 Feb- The re-launch of Angola's rail corridors, which is underway between the coast and the interior of the continent, may have an "enormous impact" on the country’s econo…

Angola’s Sonangol negotiates direct stake in Portugal’s Galp Energia

21 February 2011

Lisbon, Portugal, 21 Feb – Angolan oil company Sonangol wants to own a direct stake in Portugal’s Galp Energia, rather than via Amorim Energia, but its strategic orientations do not currently inclu…

Angola’s non-oil sector drives growth above regional average

14 February 2011

Lisbon, Portugal, 14 Feb – The Angolan economy is expected to see growth of over the regional average this year, benefiting from the recovery of oil prices, but mainly due to a return to investment…

Dynamism of Mozambique’s agricultural sector provides above average economic growth for the region

7 February 2011

Macau, China, 7 Feb – The dynamism of economic activities in Mozambique is “transversal” across all sectors, with the agriculture sector standing out due to its contribution to above average economic …

Visit by “future leader of China” to Angola boosts bilateral relations

31 January 2011

London, United Kingdom, 31 Jan – The visit to Angola by Xi Jinping, China’s vice president and the man seen as the likely successor to the current president, boosted bilateral relations, whilst Luanda…

Economic projects in Angola may maximise impact of transport systems built by China

24 January 2011

[caption id="attachment_11247" align="alignnone" width="260" caption="Malanje railway station"][/caption] Macau, China, 24 Jan – Angola may maximise the impact of the transport systems built by China…

Cape Verde air carrier, tourism and real estate seek Chinese investment

17 January 2011

Macau, China, 17 Jan – Cape Verdean companies in the transport sector, such as airline TACV, as well as in the tourism and real estate sectors are seeking investment from Chinese partners, via Forum M…

Geocapital Angola’s BPA partner up in Guinea Bissau banking sector

10 January 2011

Macau, China, 10 Jan - Geocapital, the stake-holding company linked to Macau gaming magnate Stanley Ho, is due to partner with Angolan bank Banco Privado Atlântico in the Guinea Bissau banking sector.…

New Year arrives with trade and projects on the rise between China and Portuguese-speaking countries

3 January 2011

Macau, China, 3 Jan – China and the Portuguese-speaking countries have started the new year with trade on the rise and a number of important projects under preparation, following the recent ministeria…

China has played “vital” role in Angola’s economic consolidation

27 December 2010

Luanda, Angola, 27 Dec – Chinese investment in Angola is playing a "vital" role in the country's economic consolidation, as well as a positive impact on the living conditions of many Angolans, said re…

Angolan Strategic Financial Oil Reserve to fund infrastructure investments

21 December 2010

Luanda, Angola, 21 Dec – As of 2011 Angola will have a new vehicle for investment in infrastructure, called the Strategic Financial oil Reserve, which will be fed by Angola’s revenues from exporting o…

China to gift another building to East Timor, for Diplomatic Studies Centre

13 December 2010

Dili, East Timor, 13 Dec – After the palaces of the Presidency and Foreign affairs, China plans to gift a new building to East Timor, this time to house the future Centre for Diplomatic Studies of the…

New foreign exchange regime for the oil sector in Angola increases cash in circulation

6 December 2010

Luanda, Angola, 6 Dec – The new Angolan foreign exchange regime for the oil sector, which is due to be adopted before the end of the year, will lead to an injection of capital in the Angolan banking s…

Geocapital to start process of integrating banks in Portuguese-speaking countries

29 November 2010

Macau, China, 29 Nov - Geocapital, the stakeholding company linked to Macau gaming magnate Stanley Ho, is due to start the process of integrating the banks it has been acquiring in Portuguese-speaki…

Biofuel production begins to have impact on Angolan economy

22 November 2010

Macau, China, 22 Nov – Biofuel production is beginning to have an impact on Angola’s economic growth, and is one of the factors behind current growth levels, together with a rise in oil production a…

Chinese capital invested in Portuguese companies with presence in Portuguese-speaking countries

15 November 2010

Lisbon, Portugal, 15 Nov – Portuguese banks and companies with significant interests in countries such as Angola and Brazil have been chosen by Chinese capital for a wave of investments, following the…

Business climate improves sharply in Cape Verde and Mozambique

8 November 2010

Macau, China, 8 Nov – The business climate in Cape Verde and Mozambique improved sharply over the last year and more moderately in Portugal and Angola, according to the latest “Doing Business” ranki…

Brazil’s Vale to invest US$20 billion in Africa, with Mozambique a priority

1 November 2010

Sao Paulo, Brazil, 1 Nov – Brazil’s Vale mining company plans to invest between US$15 billion and US$20 billion in projects in Africa in the next five years, nearly ten times as much as it has spent t…

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