10 September 2020
Angolan central bank data indicate that China bought US$3.85 billion worth of Angolan crude oil in the first quarter of this year, or 66.9 percent of Angolan exports of crude by value. A document issued by the National Bank of Angola says China put US$194.3 million into the Angolan oil industry, meaning it was the … Continue reading "China buys 66.9 pct of Angolan exports of crude oil in Q1"
9 September 2020
Angolan Ambassador to China João Salvador dos Santos Neto has said reforms by his government which are meant to spur private investment can make Angola a draw for foreign tourists, Angop reports. The Angolan state-run news agency quotes Mr Neto as saying his country has many potential attractions for tourists such as its beaches, landscapes, … Continue reading "Envoy extols Angolan tourist attractions at Beijing fair"
7 September 2020
A laboratory for testing for the Covid-19 virus, fitted out by Chinese biotechnology company BGI Group, will open in Luanda next week, Jornal de Angola reports, citing an Angolan public health official, Franco Mufinda. The newspaper says the lab will have the capacity to test 6,000 samples a day. The report quotes Mr Mufinda as … Continue reading "Chinese-equipped lab for Covid-19 testing to open in Luanda"
28 August 2020
Chinese state-owned companies Sinohydro Corp. and China Road and Bridge Corp. have won two of the five contracts to rehabilitate National Road 230 in eastern Angola, Angop reports. The Angolan state-run news agency says Angolan Minister of Public Works and Land Planning Manuel Tavares de Almeida awarded the contracts for the US$630 million rehabilitation project, … Continue reading "Chinese contractors to help fix main road in eastern Angola"
26 August 2020
Huawei Technologies Co. Ltd of China has agreed to train information and communication technology staff for the Angolan Ministry of Foreign Affairs, Angop reports. The Angolan state-run news agency says Huawei will give 3,000 hours of training to ICT staff working for the ministry, and 300 hours of training to 50 other workers. The report … Continue reading "Huawei to train ICT staff for Angolan government ministry"
20 August 2020
A Chinese-language version of a guide for would-be investors in Angola, Cabo Verde, Guiné-Bissau, Mozambique, São Tomé e Príncipe, and Timor-Leste has been published in Macao, Lusa reports, citing the MacauLink media group. The Portuguese news agency quotes a written statement issued by MacauLink as saying it collaborated with other businesses and institutions in Macao … Continue reading "Guide for investors in lusophone countries translated"
19 August 2020
The Chinese-funded expansion of the Luachimo hydroelectric power station in northeastern Angola should be completed in time for the facility to be re-started in the first half of next year, Angop reports. The Angolan state-run news agency quotes Joaquim da Costa, the project manager, as saying over 60 per cent of the expansion work is … Continue reading "Expanded Angolan power station due to reopen in 2021"
11 August 2020
Macao Lawyers Association President Jorge Neto Valente has said he wants businesses to avail of commercial arbitration in the city, particularly businesses in the Portuguese-speaking world and the Guangdong-Hong Kong-Macao Greater Bay Area, the Macao government says. The Legal Affairs Bureau issued a written statement quoting Mr Neto Valente as calling for more advertising abroad … Continue reading "Use Macao for commercial arbitration, legal luminary says"
11 August 2020
All households due to be served by a US$120 million, Chinese-financed water supply system newly built in the northern Angolan province of Cabinda will connected by the end of December, the People’s Daily reports. The Chinese Communist Party newspaper quotes an unidentified official of the builder, China Railway 20 Bureau Group Corp., as saying the … Continue reading "Potable water to begin flowing in Angolan province in 2020"
10 August 2020
The authorities in the northwestern Angolan province of Uíge will begin in the next few days setting up a laboratory to be fitted out by Chinese biotechnology company BGI Group with the capacity to test up to 2,000 samples a day for the Covid-19 virus, Angop reports, quoting Angola’s Secretary of State for Public Health, … Continue reading "Work soon to begin on Chinese-equipped testing lab in Angola"
7 August 2020
Governments and other investors from Portuguese-speaking Countries could issue green bonds in Macao and Hong Kong, according to Jacky So Yuk-Chow, a finance professor at the University of Macau’s Faculty of Business Management. The report by the Lusa news agency quoted the academic as saying that Macao’s historic, cultural and linguistic ties to the Portuguese-speaking … Continue reading "Macao could be platform for green bonds, says academic"
6 August 2020
Macao Legislative Assembly Member José Pereira Coutinho has called for long-haul air services between Macao and the rest of the world – in particular, the Portuguese-speaking world, Ponto Final reports. The Macao newspaper quotes Mr Pereira Coutinho as saying the city could become a staging post for Mainland Chinese tourists travelling to Europe. Mr Pereira … Continue reading "Lawmaker calls for intercontinental flights to Macao"
5 August 2020
A Sino-Angolan farming venture, Luckyman Angola Desenvolvimento Lda, has availed of an Angolan government lending programme, borrowing 1.95 billion kwanzas (about US$3.38 million) to expand, Angop reports. The Angolan state-run news agency says Angolan bank Banco BIC disbursed the money in the first quarter of this year. The report says Luckyman is using the money … Continue reading "Sino-Angolan farming venture borrows US$3.38 mln to expand"
4 August 2020
Since April over 30 businesspeople have expressed interest in setting up shop in the Cidade de China emporium in Luanda, and some have already done so, Lusa reports, citing Cidade de China Chairman Jack Huang. The Portuguese news agency quotes Mr Huang as saying in an interview that to help its tenants get over the … Continue reading "Chinese emporium in Luanda attracting new shopkeepers"
4 August 2020
The 34th Portuguese Summer Course, organised by the University of Macau (UM) Department of Portuguese, has ended. This is the first time that UM has held this course online. Students are very pleased with the arrangements and were very active in the language courses and theme-based courses. During the closing ceremony, Dora Gago, director of the … Continue reading "UM’s online Portuguese language summer course ends"
31 July 2020
State-owned contractor China Hyway Group Ltd has given the Angolan Ministry of Transport a batch of medical supplies worth 10 million kwanzas (about US$17,800) for countering the Covid-19 pandemic, the Angola Chinese News website reports. The Chinese-language website says the supplies include 20,000 surgical masks, 1,000 pairs of disposable gloves, disinfectant gel and hand sanitiser. … Continue reading "China Hyway donates medical supplies to Angolan ministry"
30 July 2020
Sino-Angolan contractor WH begun on Monday work on rehabilitating and expanding the Canâmbua neighbourhood health centre in the northwestern Angolan city of Malanje, Angop reports. The Angolan state-run news agency says the authorities there have set aside about 30 million kwanzas (about US$45,500) for the work, as part of the national programme of poverty alleviation … Continue reading "Sino-Angolan contractor begins rehabilitating health centre"
27 July 2020
The University of Macau (UM) held an online opening ceremony for its 34th Portuguese Summer Course. This year’s course continues to attract students and professionals from all over the world. Through video conference and pre-recorded videos, Ambassador Paulo Cunha Alves, consul general of Portugal in Macao and Hong Kong; Prof Rui Martins, vice rector of UM; … Continue reading "UM’s online Portuguese summer course attracts people from around the world"
27 July 2020
“Macao Franchise Expo 2020” (MFE) will be held at The Venetian Macao from 22 to 24 October. In order to further interest the general public in franchise business and to enable more companies to learn how to improve their brand’s competitiveness through online training, the Macao Trade and Investment Promotion Institute (IPIM) will work with … Continue reading "”Macao Franchise Expo 2020 Online Training Seminar” Opens for Applications to Improves Competitiveness of SMEs’ Brands"
22 July 2020
Pensana Rare Earths Plc of Australia announced on Monday that it has agreed to begin negotiations on giving state-owned China Great Wall Industry Corp. the engineering, procurement and construction contract for a rare earths mine in the central Angolan municipality of Longonjo. Pensana told the Australian Securities Exchange that it will seek financing for the … Continue reading "China Great Wall to be involved in Angolan rare earths mine"