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Brazil

Brazil grants US$ 2 billion credit line to Angola

12 February 2018
Brazil has agreed with Angola to grant a credit facility of up to US$2 billion, and the respective memorandum of understanding was signed by the Angolan finance minister, Archer Mangueira, and Brazilian Foreign Minister Aloysio Nunes, who paid a visit to Luanda.

Angola and Brazil connected by submarine fibre-optic telecommunications cable

12 February 2018
The submarine fibre-optic telecommunication cable, which will connect Angola to South America, arrived this month at the port of Pecém, in Fortaleza, Brazil, some 6,200 kilometres from Angola, Angola Cables said.

Brazil suggests alternative route for Transoceanic Railroad

9 February 2018
A commission led by the Ministry of Transport has examined a study by Chinese engineers to build a railway line between the Atlantic and Pacific oceans and suggested an alternative route to the one originally proposed, said the Secretary for International Affairs of the Ministry of Planning, Development and Management of Brazil.

Future of Forum Macau under discussion at its 15-year celebrations

9 February 2018
The Secretary-General of Forum Macau, Xu Yingzhen, announced in Beijing that the 15th anniversary of the establishment of the institution, in 2003 following a Chinese initiative joined by the Portuguese-speaking countries, would be celebrated in Macau this year.

Mozambican government negotiates relaunch of the Moamba-Major dam works

8 February 2018
The Mozambican government is negotiating with three international companies to conclude works on the Moamba-Major dam in Maputo province, the National Director of Water Resources Management (DNGRH), Messias Macie told Mozambican newspaper Notícias.

Brazil’s Embraer estimates demand of 3,010 aircraft of up to 150 seats in the next 20 years in Asia-Pacific

8 February 2018
Airlines from the Asia-Pacific region are expected to order 3,010 new aircraft in the segment up to 150 seats in the next 20 years, which represents 29% of world demand in the period, according to the market forecast released on Wednesday by Embraer Commercial Aviation at the Singapore Air Festival.

China’s CEE Power considers building factory in Brazil

7 February 2018
Chinese group CEE Power wants to expand its activity in Brazil's electricity sector, where it won a concession in 2016 to build transmission lines, by building an equipment manufacturing plant, said the commercial director of Ceepower Brazil Holding Ltda.

Luso-Australian partnership buys KC-390 aircraft from Brazil’s Embraer

6 February 2018
Aviation services company SkyTech has signed a letter of intent with Embraer Defesa & Segurança to purchase up to six KC-390 transport aircraft, Embraer said on Tuesday.

Brazil gives up on train line project suggested by China

5 February 2018
Brazil has given up on the idea of building a railway to transport goods to China through Peru because the project would have been "too expensive" and would face "absurd" engineering challenges, said Jorge Arbache, secretary of International Affairs at the Ministry of Planning, Development, and Management.

China is the main customer of 12 Brazilian states and the Federal District in 2017

1 February 2018
China was the main foreign customer in 2017 of 12 states in Brazil and the country's Federal District, according to figures from the Brazilian Ministry of Industry, Foreign Trade and Services.

Brazil to grant new loans and credit lines to Angola

30 January 2018
Brazilian Finance Minister Henrique Meirelles signed a memorandum of understanding on Monday with Angolan Finance Minister Archer Mangueira on future loans and credit lines for investment in Angola, reported the Brazilian press.

Angola linked to Brazil by submarine cable in February

29 January 2018
The first submarine cable to establish a link between Africa and South America is expected to reach the coast of Brazil, namely Fortaleza, Ceará State, in the first few days of February, Angola Cables chairman António Nunes said.

Brazil overtakes the US and becomes the main supplier of soy to China

26 January 2018
Brazil overtook the United States in 2017 to become the main soybean supplier to China, with 50.9 million tons, a figure that is a 33.3% increase compared to the figure in 2016, according to figures issued on Thursday in Beijing by the country's customs.

President of Angola announces Brazilian funding for infrastructure projects

25 January 2018
Brazil will soon resume lines of credit to Angola, with the priority of covering the sectors of "large public works," Angolan President João Lourenço said in Davos, Switzerland, after a meeting with his Brazilian counterpart Michel Temer.

Beijing Capital Airlines flies to Brazil on a code-share with TAP-Air Portugal

23 January 2018
Beijing Capital Airlines has started selling airline tickets with connections in Lisbon, Portugal, to seven cities in Brazil - Brasília, Belo Horizonte, Fortaleza, Rio de Janeiro, Sao Paulo, Salvador and Recife - under a "Code-share" agreement, Portuguese airline TAP-Air Portugal said on Monday.

Chinese companies invest US$20.9 billion in Brazil in 2017

19 January 2018
Chinese companies invested US$20.9 billion in Brazil in 2017, the highest amount since 2010 with the economic recession leading to lower asset prices and attracting investors, according to figures released on Thursday in Brasilia by the Ministry of Planning, Development and Management.

Japanese group Mitsui & Co invests more than US$1 billion dollars in Mozambique since 1997

19 January 2018
Japanese group Mitsui & Co has invested more than US$1 billion in Mozambique since it started operating in the country in 1997, Mitsui E & P Mozambique Area 1 Limited director, Motoyasu Nozaki told the Mozambican press.

Five Chinese airlines operate with 90 Brazilian Embraer aircraft

17 January 2018
Five Chinese airlines - China Southern, Guizhou/Colorful, Hainan, Hebei and Henan (formerly Kunpeng) - operate with 90 jet aircraft produced by Brazilian aeronautical company Embraer, with Hainan Airlines having the largest fleet - 50 - the Brazilian company said on announcing figures related to deliveries in 2017.

CFM loses US$45 million a year due to Vale Moçambique leaving Sena Line

17 January 2018
Mozambique's state-owned port and rail manager CFM will lose out on billing about US$45 million per year due to Vale Moçambique's decision to concentrate coal transport operations on the Nacala railway line, the chief executive of CFM-Centro, Augusto Abudo, told Rádio Moçambique.

Odebrecht Group raises US$140 million from sale of stake in diamond mine in Angola

17 January 2018
Brazilian group Odebrecht will make US$140 million by selling its 16.4% stake in diamond mining company Sociedade Mineira da Catoca (CMC), which operates the fourth largest open-pit diamond mine in the world in eastern Angola, according to with a statement released by Russian group Alrosa PJSC.
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