Mozambique, Equatorial Guinea and Portugal were the most highlighted Portuguese-speaking countries most in the 2nd "Belt and Road" Forum for International Cooperation, during which new partners signed up to the global Chinese initiative.
Cheung Po Tsai – literally Cheung Po the Kid, like many an outlaw before and after him – packed a lot into his short life: 15 years as a commoner, 12 years as a pirate, and 12 years as a pirate catcher in the Qing navy. Traces of the 19th-century pirate can still be found today, in the landscape of Hong Kong and the stories told on screens big and small.
Equatorial Guinea may soon apply to join Forum Macau, said President Teodoro Obiang Nguema Mbasogo in an interview with the Africa Monitor newsletter in Malabo.
Issuing invoices for the purchase of goods or services have become mandatory for all taxpayers in Angola, a measure that aims to reduce the weight of the informal economy, alongside new rules of communication to the tax authorities.
Most international attention on Timor-Leste is directed at the fortunes of the Greater Sunrise hydrocarbon project but another sector has the ability to affect Timorese lives more directly. Coffee accounts for 90 percent of the country’s non-oil and gas export revenues but has the potential to play a much bigger role in rural development. Yet … Continue reading "Challenges but huge potential for Timorese coffee"
This year was expected to be one of economic recovery for Angola, but according to the latest government forecasts, 2019 will, in fact, be a year of marginal growth, at best.
While new coal and LNG port terminals in the northern half of Mozambique attract most international attention, the port of Maputo continues to grow rapidly. The more northerly projects are designed to handle domestic exports but, in contrast, Maputo has managed to regain its historic role as an important entrepôt for South African trade.
The ports of Mozambique, Angola and São Tomé and Principe will be linked to the Chinese "´Belt and Road" initiative, which will have a "central hub" in East Africa, wrote researcher Paul Nantulya.
(PT) Asian players in the energy sector have gained a substantial foothold in Mozambique´s liquefied natural gas (LNG) projects, but they have been less active in Angola´s oil sector. They are, however, expected to be active in Angola´s new oil exploration licensing rounds, to be launched in the coming months.
Credit and other institutions legally authorised to receive deposits in Mozambique have until 31 July to adopt new information rules decided by the country's central bank.
Angola’s President João Lourenço has put reinvigorating the agriculture sector at the heart of his economic strategy. Greater production of a wider range of crops would both reduce the US$3 billion a year that the country spends on food imports and also improve living standards in the rural areas that have missed out on more rapid economic development at the coast.
The increase in the power production capacity of the Laúca and Capanda dams will create conditions for the improvement of economic activity in Angola, according to Banco de Fomento Angola.
Carlos Marreiros’ architecture firm has been selected to design the new Macao Central Library. The inspiration came from bookshelves and drawers of file archives; the goal is to create a simple and serene piece: “It’s an important project and also a pleasure to contribute with such a building to my hometown.”
The 2019 edition of the Macau International Environmental Cooperation Forum (MIECF) will benefit from Portuguese experience in environmental and green taxation, gathered during an exchange visit from the Pan Pearl River Delta region to Portugal.
Visitor numbers to Cabo Verde are continuing to grow year-on-year but there are fears that the focus on all-inclusive hotels restricts the development of local restaurants, cafes and other tourist sector businesses.
Angola, under the leadership of President João Lourenço, has been forging "new alliances," notably with Japan, but continues to prioritise ties with China and the Portuguese-speaking countries, the Economist Intelligence Unit (EIU) said.
The Portuguese-speaking countries (PSCs) will play a key role in the future of Macau outlined in the Greater Bay Area (GBA) Plan of the Central Government of China.
The European Commission and China are cooperating in the creation of transport platforms and corridors, within the scope of the Belt and Road initiative, in which Portugal intends to participate, and of European relationship projects.
For the city of Zhaoqing, inclusion in the Greater Bay Area (GBA) Initiative promises the opportunity to catch up with other cities in Guangdong that developed faster during the reform area.
Mozambique has exceeded expectations in terms of global connectivity, according to the latest ranking by multinational DHL, in which Timor-Leste was the only Portuguese-speaking country included to increase competitiveness compared with the previous year.