Features

Portuguese telecoms company Optimus and China’s Huawei boost partnership

20 August 2012

Portuguese telecommunications operator Optimus and Chinese group Huawei are set to boost their partnership, which began over seven years ago, with a new contract to supply latest generation telecommun…

Brazil gains importance as market for drugs made in China

13 August 2012

Brazil is “very rapidly” gaining importance as one of the main export markets for medication produced in China, as two-way relations increase and consumption of medication increases in the biggest cou…

Stability of Angola’s currency bolstered by doubling of foreign reserves

6 August 2012

The value of Angola’s currency, the kwanza, is expected to remain stable against the US dollar over the next two years following the recent doubling of Angola’s foreign reserves, which offer the centr…

Traffic to double at port of Maputo, in Mozambique, by 2018

30 July 2012

The port of Maputo, Mozambique’s largest, is seeing “strong growth in traffic,” which will more than double over the next six years, according to the Economist Intelligence Unit (EIU). According to t…

Mozambique has potential to be one of Southern Africa’s main tourist destinations

23 July 2012

Mozambique has the potential to be one of Southern Africa’s main tourist destinations and the country’s tourism revenues and number of visitors have been growing, but it is still far from fulfilling i…

Angola reaps fruits of economic diversification

16 July 2012

Angola is reaping the fruits of the diversification of its economy, which has historically been focused on oil, by increasing its tax revenues from the non-oil sector, according to the Economist Intel…

Mozambique “strategically placed” to supply Brazil, India, and China with raw materials

9 July 2012

Mozambique is “strategically well-placed” to become a supplier of raw materials to the most dynamic emerging markets, specifically Brazil, India, and China, all of which are countries that it is getti…

East Timor wants gas pipeline and plans to build supply base

2 July 2012

The East Timor government believes that the choice of the south coast of the country for the new gas pipeline running from the Greater Sunrise field, which it shares with Australia, will prevail. The…

Natural gas reserve discoveries continue in Mozambique

26 June 2012

Large new natural gas reserves continue to be discovered in Mozambique, attracting an increasing amount of international attention to the country’s energy sector and particularly to the Rovuma basin, …

Portugal wants to replicate “intense relationship” it has with Angola, in Mozambique

18 June 2012

Portugal is interested in repeating in Mozambique the model of “intense relations” it has with Angola, although it still has “a lot of work to do,” to achieve that aim, said Portuguese analyst Pedro S…

Angola: Production of oil, gas and metals “show strength”

11 June 2012

Production of oil, gas, and precious metals, including gold are “showing strength” in Angola, and the new Mining Code has encouraged multinational companies to invest, the Economist Intelligence Unit …

Guangzhou aims to be China’s culture capital by restoring its past glory

8 June 2012

Boosted by its success in hosting the Asian Games in 2010, the Guangzhou government has decided on a bold approach to revitalise the city’s historic legacy. It is a history that dates back 2200 years,…

Chinese “revenues” from building infrastructure in exchange for oil successfully applied in South America

4 June 2012

Chinese “revenues” from construction of infrastructure in exchange for resources such as oil, used in the last decade in Angola, are now being successfully applied in South American countries and adap…

Japanese brewer to make Macau Beer international brand

1 June 2012

This year, for the first time, people in Japan will be able to buy Macau Beer, the Special Administrative Region’s only local brand. The manufacturer is planning to export it to other markets too, inc…

Mozambique attracts investments totalling US$90 billion to energy and mining sectors

28 May 2012

Over the next few years Mozambique is set to receive estimated investments of US$90 billion for projects in the energy and mining sectors, which is seven times the current value of the country’s econo…

China leads by example in the cooperation with Angola

25 May 2012

Chi Xu Fah is an agricultural businessman. He has recently set up a business project in Angola. Like so many other businessmen, he aims to take advantage of the abundance of resources and the economic…

Brazil establishes itself as “major political and economic actor” in Angola and Mozambique

21 May 2012

Brazil is establishing its place as a “major political and economic actor,” in Angola, Mozambique and in other African countries, with its companies investing in the same sectors as important Chinese …

Portugal and China boost their position as Angola’s main trading partners

14 May 2012

Portugal and China are boosting their position as Angola's main trading partners, as a time of growing economic activity in Angola and of public and trade surpluses, according to Portugal’s BPI bank. …

Mozambican government extends jurisdiction over mergers and acquisitions of foreign companies

7 May 2012

The Mozambican government is extending its jurisdiction over mergers and acquisitions of foreign companies that own assets in the country, particularly in the mining sector, where these kinds of deals…

Rise in oil revenues drives increase in construction projects in Angola

2 May 2012

Construction projects in Angola are increasing to the benefit of large companies such as China’s SinoHydro, due to a rise in the country's oil revenues, according to the Economist Intelligence Unit (E…

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