Features

Mozambique’s energy potential attracts large international groups

23 April 2012

Mozambique’s energy potential, shown by the recent discoveries of larges natural gas and coal reserves, are leading large international groups to consider investing in the country, according to inform…

Commercial agriculture gaining impetus in Mozambique

16 April 2012

Commercial agriculture is “gaining impetus” in Mozambique due to various large-scale private farming and livestock projects which are finally enabling the country to benefit from the potential of that…

Angola’s Sonangol eyes hospital business in Portugal

10 April 2012

The hospital business in Portugal is one of the targets of Angolan oil company Sonangol, at a time when the financial crisis in Portugal is attracting Angolan, Brazilian and Chinese investors to study…

Angola needs to invest US$20 billion in infrastructure to catch up with other developing countries

2 April 2012

Angola needs to invest US$20 billion in telecommunications, transport, energy, and water over the next decade in order to catch up with the level of infrastructure in other developing countries, accor…

Angola prepares for privatisation of railroads

26 March 2012

The Angolan government is to start merging the country's main railroad companies, the reconstruction of which using lines of credit from China is almost finished, with a view to selling part of them t…

Infrastructure deficit is a challenge for Mozambique’s economic development

19 March 2012

The continuation of the recent strong and sustained growth of the Mozambican economy will depend on overcoming the “deficit” of infrastructures such as ports, airports and railway lines, in order to t…

Angolan state oil company Sonangol on its way to securing control of Portuguese oil group Galp Energia

12 March 2012

Angolan state oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) is on its way to boosting its stake in Portuguese oil company Galp Energia, becoming the biggest shareholder and takin…

Angola to have 21st century power system within four years

5 March 2012

Angola’s power production and distribution capacity is set to increase over the next four years thanks to an investment of US$16.5 billion, which will be in line with a rise in industrial and resident…

China is Africa’s biggest trading partner and pledges to boost ties

27 February 2012

Macau, China, 27 Feb – In 2011 China became Africa’s biggest trading partner, with trade of US$160 billion, and will continue to boost ties with African countries, increasing trade, investment and coo…

Natural gas discoveries in Mozambique attract big investments

21 February 2012

London, United Kingdom, 20 Feb – Recent discoveries of natural gas in Mozambique are on a “world level” and boost the country’s potential as a large energy producer in Africa and attracting billions o…

Angolan pre-salt discoveries encourage oil companies and authorities

13 February 2012

Luanda, Angola, 13 Feb – The potential of Angola’s pre-salt layer, where two major discoveries have already been reported, is encouraging the government and oil companies operating in the country, as …

China State Grid and REN to set up partnerships in Mozambique, Angola and Brazil

6 February 2012

Lisbon, Portugal, 6 Feb - China State Grid becoming the largest shareholder in Portuguese power grid group Redes Energéticas Nacionais (REN) opens up the way for Portuguese-Chinese partnerships to dev…

Stake in Portugal’s REN opens up Mozambican market to China State Grid

30 January 2012

Lisbon, Portugal, 30 Jan - China State Grid is well-placed to become the biggest shareholder in Portuguese power grid group Redes Energéticas Nacionais (REN) and, via this route, to gain a stake in th…

Mozambique has a lot of available arable land despite “impressive” increase in cultivated area

26 January 2012

London, United Kingdom, 26 Jan – The amount of cultivated land in Mozambique has increased by 47 percent in the last decade, an "impressive" rate according to the Economist Intelligence Unit, but the …

China’s investments in Portugal open up the way for a special relationship

16 January 2012

Lisbon, Portugal, 16 Jan – China’s investments in the Portuguese energy sector are opening up the way for a special relationship between the two countries, which could even redesign the “strategic geo…

Galp Energia group at the top of the Angolan “shopping list” in Portugal

9 January 2012

London, United Kingdom, 9 Jan – The privatisation programme underway in Portugal offers “rich pickings” for Angolan companies interested in making acquisitions, and oil and gas company Galp Energia is…

China gains importance for Portugal, Brazil and Angola in tough economic times

3 January 2012

Macau, China, 3 Jan – Growing trade and a number of huge deals reveal the increasing importance of China to the economies of Portugal, Angola and Brazil, in the transition to a new year of global econ…

Three Gorges’ acquisition of EDP stake is an injection of capital and confidence in the Portuguese economy

27 December 2011

Lisbon, Portugal, 27 Dec – China Three Gorges Corporation (CTG) taking a stake in Portuguese power company EDP – an investment of 8.7 billion euros – is seen as an important injection of capital and c…

Angolan government introduces new tax codes in January

19 December 2011

London, United Kingdom, 19 Dec – The Angolan government is due to introduce new tax codes in January, which are the central focus of reform of the country’s tax system, with the aim of increasing stat…

Public investment and agriculture drive East Timor’s return to two-digit growth

12 December 2011

Dili, East Timor, 12 Dec – The East Timor economy will this year see a return to two-digit growth after a downturn in 2010 which, even so, was “robust”, according to the latest forecasts from the Worl…

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