São Tomé and Príncipe, Guinea Bissau and Cabo Verde (Cape Verde), the three smallest Portuguese-speaking African economies, are expected to see economic growth in 2018 well above the average for the sub-Saharan Africa region, according to the latest forecast from the International Monetary Fund.
As Guangzhou intensifies its coordinated efforts to establish itself as the centre for technology innovation in China, it also moves into a leadership position in the Guangdong–Hong Kong–Macao Greater Bay Area project, a major national initiative taking shape in the coming decades.
Thirty-five signed agreements were the most visible result of this year's edition of the Macau International Environmental Cooperation Forum (MIECF), which ran from 12 to 14 April organised by the government of the Macau Special Administrative Region (MSAR).
Architect Jimmy Wardhana was wandering around the old district near the Ruins of St. Paul’s, when he discovered an inconspicuous Chinese doorway that led into a quiet alleyway no more than three metres wide.
Business projects involving China and Portuguese-speaking countries have been receiving official Chinese funding, but the deepening of this cooperation in the "era" of the New Silk Road requires innovative financial mechanisms, the president of the Fund for Cooperation and Development between China and the Portuguese-speaking Countries said in Lisbon.
Mangroves serve as roots of the sea, they protect our shorelines and are a nursery ground for our biodiversity.
A set of measures to promote business tourism in Angola is being introduced, facilitating access to the country and domestic transport, as part of government efforts to stimulate the economy, according to the latest report from the Economist Intelligence Unit.
Western media often connect the term “future” to the word China, to such a degree that there is an urgent need to ask people who work in China today if, from the standpoint of age-old Chinese philosophy, they see time as “a notion of processes and revelations whose opportunity and duration are not consistent with categorisation in a common and comprehensive concept.”
The international public tender for concession of inter-island passenger and cargo shipping has attracted interest from a Chinese shipowner, as well as from similar Portuguese, Cape Verdean and other companies, according to the Africa Monitor Intelligence newsletter.
With proven reserves of 100 trillion cubic feet, Mozambique ranks 12th among the countries with the largest natural gas proven reserves, according to the U.S. Energy Information Administration EIA.
The environmental sector has great potential for cooperation between Portuguese and Chinese companies, and Macau can be an exchange hub, according to officials from both countries.
Since China became Africa’s largest trading partner in 2009, trade has continued to climb, helped by cooperative frameworks put in place by the Chinese government and its African counterparts. The momentum is expected to build over the medium term, and the Beijing Summit of the Forum on China-Africa Cooperation in September is likely to help ensure that these increasingly close economic ties become even closer.
Angola is the African country that has received most Chinese funding for the construction of energy infrastructure since the year 2000, according to a recent study from Boston University, in the United States.
The signing of new contracts for the sale of Mozambican natural gas, namely to China, as well as the government approval of the Area 1 project led by US group Anadarko Petroleum, have improved the outlook for this industry in Mozambique in recent weeks.
The new campus took four years of construction, beginning in 2013, at a cost of around MOP600 million (US$74.6 million).
China has announced that it intends to extend the "Belt and Road" initiative to Brazil and other South American countries in a move interpreted by analysts as a way of taking advantage of the US retreat in its relationship with the region.
In 1894, a group of Macao businessmen opened a silk reeling factory, setting a new milestone for their community. With more than 800 men and women employed there, the factory was the largest industrial plant owned by Chinese in Macao.
The diversification of the Cabo Verdean economy is high on the list of priorities for the archipelago's government, which intends to attract more investment, especially for infrastructure, to improve the business environment and to open up to emerging economies, Portuguese trade and investment promotion agency AICEP Portugal Global said recently.
In November 2017, Macao began restoration of the seven bronze statues that grace the facade of its most famous landmark: the Ruins of St. Paul’s, the last vestiges of a 17th-century church.
Brazil and Cabo Verde (Cape Verde) will be two of the first countries visited by the new President of Angola, João Lourenço, in a clear sign of the importance of strategic relations with both Portuguese-speaking countries, particularly in economic terms.