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Portugal

Bank of Mozambique bans banker from holding management positions in banking

29 August 2019
The chief executive of Banco Comercial e de Investimentos, Paulo de Sousa, has been barred from holding corporate positions and management functions in credit institutions and financial corporations for three years, the Bank of Mozambique announced on Wednesday.

Chinese group announces the construction of large real estate development in Lisbon, Portugal

28 August 2019
A Chinese-owned real estate company proposes to invest 300 million euros in a large real estate development in Alcântara, Lisbon, advisory firm JLL Portugal said.

Ceiba Intercontinental replaces euroAtlantic as São Tomé and Príncipe airline

27 August 2019
Equatorial Guinea's Ceiba Intercontinental airline is STP Airways' new partner, replacing Portugal's euroAtlantic, said São Tomé and Principe's Minister for Public Works, Infrastructure, Natural Resources and Environment.

55th Maputo International Fair, Mozambique opens with 20 countries attending

26 August 2019
The Maputo International Fair, the largest trade fair in Mozambique, on Monday begins its 55th edition in Ricatla, in the Marracuene district of Maputo province, with the participation of 20 countries, as well as Macau.

Portugal buys five military transport aircraft from Brazil’s Embraer

23 August 2019
Portugal has purchased five KC-390 multi-mission transport aircraft, support and services and flight simulator from Brazilian aeronautical company Embraer, and the respective contract was signed on Thursday in Évora, at the company's facilities.

Cabo Verde Airlines adds to US connections with flight to Dulles International

21 August 2019
Cabo Verde Airlines will increase its air links to the United States with flights between Sal Island and Dulles International Airport, the airline said in a statement issued in Praia.

Binter Cabo Verde airline changes name to Transportes Interilhas de Cabo Verde

20 August 2019
The airline Binter Cabo Verde, which operates inter-island flights in Cabo Verde, has changed its name to Transportes Interilhas de Cabo Verde, indicates the announcement in the official gazette.

São Tomé and Príncipe signs Lusophone Compact

16 August 2019
The government of São Tomé and Príncipe signed an agreement known as the Lusophone Compact with the African Development Bank and Portugal, which aims to support development projects, during a ceremony held on Thursday in São Tomé.

Foreign direct investment in Cabo Verde increases by 54% in first quarter

14 August 2019
Foreign direct investment in Cabo Verde reached 3.14 billion escudos (US$31.9 million) in the first quarter of 2019, an increase of 54.61% year-on-year, the Bank of Cabo Verde reported in its Statistics Bulletin.

Cabo Verde Airlines increases flights to Portugal with the arrival of a new plane

13 August 2019
Cabo Verde Airlines will increase the number of weekly flights between Praia and Lisbon to three from 30 August following the acquisition of a new plane, the airline said on Monday.

Trade between China and the Portuguese-speaking countries rises 1.17% in the first half of 2019

12 August 2019
The value of trade between China and the Portuguese-speaking countries grew marginally by 1.17% year-on-year from January to June 2019 to US$70.139 billion, according to official Chinese figures released by Forum Macau.

Sal Island now has air connections to Santiago, São Vicente and Fogo islands

6 August 2019
Air connections from the Sal Island platform to Santiago, São Vicente and Fogo islands in Cabo Verde are due to begin on 13 August under a partnership with the Lease Fly and Newtour groups, Cabo Verde Airlines said in a market statement issued on Monday.

Angola’s Sonangol keeps stakes in Portuguese groups

2 August 2019
Angolan national oil company Sonangol will keep its stakes in Portuguese groups, a source from the Angolan state company told Jornal de Angola.

Trade between China and Portuguese-speaking countries increases 3.8% from January to May

30 July 2019
The value of trade between China and Portuguese-speaking countries grew 3.8% year-on-year to US$58.836 billion between January and May 2019, according to official Chinese figures released by Forum Macau.

EDP – Energias de Portugal sells wind project in Brazil

30 July 2019
EDP Renováveis has sold its total shareholding in an onshore wind project with 137 megawatts of installed capacity for 650 million reais to a subsidiary of investment company Actis, according to EDP - Energias de Portugal.

Portugal launches international public tender for Vasco da Gama port terminal

26 July 2019
The Portuguese government will launch an international public tender for the concession of the Vasco da Gama port terminal in Sines, said the Minister of the Sea Ana Paula Vitorino at the end of a Council of Ministers meeting on Thursday.

China and Portugal top foreign investors in Angola

25 July 2019
China with 15 projects valued at US$175 million and Portugal with 12 projects valued at US$5.8 million were the main investors in Angola over the last 12 months, according to Licínio Vaz Contreiras, chairman of the Angolan Export Investment and Promotion Agency (Aipex).

Portuguese company partners Chinese group for real estate project in Portugal

24 July 2019
Portuguese construction company Teixeira Duarte has partnered with China State Construction Engineering Corporation to develop a real estate project in Oeiras, outside the capital Lisbon, the company said in a statement issued through the Portuguese Securities Market Commission.

Beijing Capital Airlines launches Xi’an-Beijing-Lisbon flight on 30 August

23 July 2019
Beijing Capital Airlines plans to launch regular flights between Xi'an and Lisbon with a stop in Beijing on 30 August, the Portuguese Secretary of State for Internationalisation, Eurico Brilhante Dias, said on Monday in Lisbon.

Portugal’s euroAtlantic Airways intends to cooperate with Linhas Aéreas de Moçambique

22 July 2019
Portuguese airline euroAtlantic Airways plans to cooperate with Mozambican airline LAM in its bid to return to Europe via Lisbon, the company's chief executive said in Maputo.
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