14 July 2016
Guinea-Bissau raised 11 billion CFA francs (US$18.4 million) with the full placement on Monday of an issue of treasury bonds, the Ministry of Economy and Finance said on Wednesday in Bissau in a statement. "This operation was part of the implementation of Guinea-Bissau's government bond issuance programme, in accordance with the medium and long-term debt management strategy, aiming to meet commitments within the agreed deadlines," the statement said.
8 July 2016
Guinea-Bissau plans to issue Treasury Bonds issued in the amount of 11 billion CFA francs (US$18.4 million), the public debt management agency of the West African Monetary Union (UEMOA) said in a statement. The UEMOA - Securities Agency also said the public debt issue, scheduled for next Monday through an auction, has a maturity of three years paying an interest rate of 5.5 percent.
7 July 2016
1 July 2016
Agriculture, fishing, tourism and mining are priority areas where Chinese companies can invest in Guinea-Bissau, said Thursday in Macau a delegate of Macau Forum from the West African country. Malam Becker Camara also said during a seminar on Guinea-Bissau organised by the Macau Trade and Investment Promotion Institute (IPIM) jointly with the Permanent Office of the Forum for Economic and Trade Cooperation between China and Portuguese Speaking Countries (Macau), the Macau platform can help with the internationalisation of products from their country.
27 June 2016
Guinea-Bissau will take part in the next economic summit between China and African countries, due to be held in Beijing this year, the Guinean Prime Minister, Baciro Dja said Friday in Bissau. The confirmation from the head of the Guinea-Bissau government was made to the Chinese ambassador to Guinea-Bissau, Wang Hua, during an audience that also discussed cooperation issues between the two countries.
10 June 2016
The Company Formalisation Centre (CFE) of Guinea-Bissau from May 2011 to May 2016, registered 46 companies whose owners are from China or Guineans associated with citizens from that country. Statistical data from the CFE to which Macauhub had access Thursday showed that the 46 companies are linked to agriculture, fisheries, catering, clothing sales, cosmetics and computer products, among others.
3 June 2016
Portuguese businesspeople plan to invest in the agricultural sector in Guinea-Bissau, said Thursday in Bissau the head of the Portuguese delegation at the end of an audience granted by the President José Mario Vaz. Antonio Tavares said that this is a set of distinct projects that are likely to contribute to the development of agriculture with a view to establishing the country's food self-sufficiency.
1 June 2016
China has offered two hundred and fifty solar lampposts to be installed in several neighbourhoods and roads in Bissau, the capital of Guinea-Bissau, the city's Mayor announced. Adriano Ferreira added that the ship carrying the lampposts was already its way to Guinea-Bissau and was due to arrive at the capital'sport within two weeks.
25 May 2016
China is willing to help Guinea-Bissau to achieve food self-sufficiency, which "will require work and the involvement of all Guineans," China's ambassador, Wang Hua said in Canchungo. "There is a lot of work to do for Guinea-Bissau to reach its food independence and solve the hunger problem in the country," said the Chinese diplomat, who stressed the need for joint efforts between Guineans and the international community.
19 May 2016
China will pay for work to be carried out on the building of the National Popular Assembly (ANP) of Guinea-Bissau, the country's parliament, China's ambassador to Guinea-Bissau said Tuesday in Bissau. Ambassador Wang Hua said after a meeting with President of the National Assembly that Cipriano Cassama had told him about the parliament's operating difficulties, which can be overcome with "the support of China, which financed and built the building."
5 May 2016
Trade between China and the Portuguese-speaking countries contracted by 23.03 percent year on year in the first quarter of the year to US$16.727 billion, according to official figures published in Macau. Over the first three months of the year China exported to the eight Portuguese-speaking countries goods worth US$5.844 billion (-44.95 percent) and imported goods amounting to US$10.882 billion (-2.1 percent), assuming a deficit of US$5.038 billion.
19 April 2016
12 April 2016
11 April 2016
11 April 2016
The Chinese ambassador in Guinea-Bissau Saturday called for the need to create political stability in the West African country in order to have more Chinese investment. Huang Wa, who was speaking in Bissau during the Meeting of Businesspeople for Economic and Trade Cooperation between China and Portuguese-Speaking Countries, said that China is prepared to place thousands of Chinese businesspeople in Guinea-Bissua but that a business platform that allows business to be conducted needs to be built.
8 April 2016
A delegation from Macau is due to attend a meeting between businesspeople from China and the Portuguese-speaking countries - "Guinea-Bissau in 2016" - taking place on 9 and 10 April in Bissau, said the Macau Institute for Trade and Investment Promotion (IPIM). IPIM, which organised the Macau delegation, reported that the delegation took part Thursday in the "Business Opportunities Forum between China, Portugal and the Macau Special Administrative Region," held in the Portuguese capital, Lisbon.
5 April 2016
Guinea-Bissau will receive 150 official and business delegations for a meeting in Bissau of businesspeople from China and the Community of Portuguese-speaking Countries, the coordinator of the meeting's technical office said recently. Giving an update on preparations for the meeting, coordinator Bruno Jauad gave assurances that "everything is ready" to welcome the delegations to Bissau on 9, 10 and 11 April.
29 March 2016
Next April Guinea-Bissau will host the meeting of businesspeople from China and the Community of the Portuguese Speaking Countries (CPLP), China's ambassador to Guinea-Bissau confirmed last week. "We note with satisfaction that within the next few days a meeting will take place between Chinese entrepreneurs, including from Macau, with other Portuguese-speaking countries to find ways to foster our cooperation," said Ambassador Huang Hua at the end of an audience with the Guinean Prime Minister, Carlos Correia.
7 March 2016
China and the eight Portuguese-speaking countries began 2016 with a year on year fall of 18.69 percent in trade in January, which totalled US$6.158 billion, according to Chinese official figures published in Macau. Trade with Brazil totaled US$4.419 billion (-20.61 percent), with China exporting goods worth US$1.682 million (-17.89 percent) and importing goods worth US$2.737 billion (-22.19 percent).
2 March 2016
The value of trade between China and the Portuguese-speaking countries fell by 25.73 percent in 2015 to US$98.474 billion, a real loss of US$34.106 billion, according to official Chinese figures. The only positive changes in the value of trade occurred in Timor Leste (East Timor - US$106.67 million or +76.48 percent) and Sao Tome and Principe (US$7,9 million or +37.99 percent).