Features

Portuguese crisis opens up opportunities for companies from Angola and Brazil

4 October 2011

Lisbon, Portugal, 4 Oct – The economic crisis in Portugal is forcing the government to sell state stakes in some strategic companies, including its airline and energy companies, and companies from Ang…

Angola’s improved credit rating shows “confidence” in the economy

26 September 2011

London, United Kingdom, 26 Sept – The improved credit rating given to Angola by the three international ratings agencies, in all cases with a stable outlook, shows confidence in the country’s economy,…

New private investment law in Angola is more demanding for new investors

19 September 2011

Luanda, Angola, 19 Sept – The new law on private investment in Angola has made the process of investing in the country more demanding and prioritises projects that contribute more to the development o…

Coal reserves in Niassa province, Mozambique, may be as big as those in Tete

12 September 2011

London, United Kingdom, 12 Sept – Coal reserves in Niassa province, in northwest Mozambique, may be as big as those in the neighbouring province of Tete, which are considered to be the largest n the w…

Economic relations between Portugal and Angola are a “two-way street”

5 September 2011

Lisbon, Portugal, 5 Sept – The economic relations between Portugal and Angola are at a high and are increasingly a "two-way street,” with a greater number of exports and investments originating in Ang…

Construction and industry increase their weighting in Mozambican economy

29 August 2011

Lisbon, Portugal, 29 Aug – Mozambique will continue to grow at a rate above the average for sub-Saharan Africa over the next few years, with construction, cement production and mining increasing their…

Angola limits weight of the dollar in the economy to fight inflation

22 August 2011

London, United Kingdom, 22 Aug – Reducing the weight of the dollar on the economy and increasing the use of Angola’s currency, the kwanza, has become one of the main aims of the National Bank of Ango…

Angola moves ahead with new agricultural development strategy

16 August 2011

Lisbon, Portugal, 16 Aug - Angola plans to move ahead with a new agricultural development strategy, making use of its oil exploration resources, amongst others, to increase the contribution of the pri…

Mozambique should soon be a “substantial” exporter of natural gas

8 August 2011

London, United Kingdom, 8 Aug – Mozambique should soon become a “substantial” exporter of natural gas with the planned construction of an LNG terminal in the northern province of Cabo Delgado, the Eco…

China awakening to strategic value of East Timor

1 August 2011

Specialty media have recently reported that China “has sought to take better advantage of the strategic value” of East Timor, “especially bearing in mind the prevalent regional and international con…

New cooperation agreements highlight increasing closeness of Angola and China

25 July 2011

London, United Kingdom, 25 July – The latest cooperation agreements between Angola and China, signed at the end of May, show that the two countries having been growing closer and are increasingly econ…

Stability in Guinea Bissau allows re-launch of Buba and Boé projects

18 July 2011

Bissau, Guinea Bissau, 18 July – The climate of greater stability recently felt in guinea Bissau has given a new lease of life to the projects for the port of Buba and the Boé bauxite mine, promoted …

Angola reaps “immense rewards” from cooperation with China

11 July 2011

Lisbon, Portugal, 11 July – Angola is reaping “immense rewards” from its cooperation with China without having to give up its economic, political and cultural autonomy, according to the Portuguese Ins…

Portuguese-Chinese partnerships prosper in banking and law

4 July 2011

Beijing, China, 4 July – Portuguese-Chinese partnerships in banking and law are “prospering” and helping to cement the role of Portugal as “China’s bridge to the world,” particularly the Portuguese-sp…

Mozambique’s exports driven by aluminium, coal, gas and agricultural products

27 June 2011

London, United Kingdom, 27 June- Mozambique’s exports are expect to increase over the next two years, with greater sales of aluminium, coal, gas and agricultural products, thus allowing for the countr…

Companies and workers subject to “moderate” taxation in Angola

20 June 2011

Lisbon, Portugal, 20 June – Foreign companies and workers in Angola are subject to a “moderate" level of taxation and can access mechanisms to eliminate and reduce double taxation, according to law fi…

China rapidly becoming Mozambique’s main partner

13 June 2011

Maputo, Mozambique, 13 June – China is rapidly affirming its place as the main foreign power in Mozambique, replacing other traditional political and economic partners base on growing foreign trade, i…

Angola’s balance of trade surplus increases, with China as main customer

7 June 2011

Luanda, Angola, 7 June – Angola has boosted its balance of trade surpluses by reducing imports and increasing exports, and has China as its main customer, official Angolan statistics showed. Accordin…

Cement production in Mozambique to triple through Chinese investment

30 May 2011

London, United Kingdom, 30 May – Several cement factory projects are being launched in Mozambique, including three from Chinese companies, which will make it possible to triple cement production in th…

Hydroelectricity to become priority for public investment in Angola

23 May 2011

Luanda, Angola, 23 May – The Angolan government plans to make hydroelectricity a priority under the terms of its public investment programme for the next six years, in order to provide the country wit…

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