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Portugal

Chinese group HNA sells stake in TAP – Air Portugal

18 March 2019
The HNA group has divested the 9.0% stake that it indirectly held in the share capital of TAP - Air Portugal by selling its subsidiary Hainan Airlines Civil Aviation Investment Ltd, the group said in a market filing.

ENI announces start of natural gas extraction in Mozambique by 2024

18 March 2019
Extraction and processing of natural gas in the Mamba field in the Rovuma Basin Area 4 block in northern Mozambique is expected to begin by 2024, the chief executive of Italian group ENI said on Friday in Milan.

Portuguese-speaking countries showcased at Macau market

18 March 2019
A market focused on products from Portuguese-speaking countries and from Macau is due to be held on the Macau peninsula between 29 and 31 March, according to the Macau Trade and Investment Promotion Institute.

Energias de Portugal and China Three Gorges may form a partnership in Brazil

14 March 2019
The EDP - Energias de Portugal group may propose the formation of a partnership with China Three Gorges (CTG) to allow this group to expand its presence in Brazil and Latin America, Reuters reported.

Macau starts tourism promotion in Portugal with a video-mapping show

13 March 2019
On Tuesday Macau started promoting itself as a tourist destination in Lisbon to show Portugal that the Chinese territory has other attractions beyond gambling.

Portugal participates in the Mozambique Lusophone Compact with guarantees for financing

13 March 2019
Portugal is taking part in Mozambique Lusophone Compact 400 million euros in guarantees to be matched by financing from the African Development Bank (AfDB) for development projects in the East African country, according to official information.

Privatisations in Angola mainly attract national investors

12 March 2019
Only one in 10 potential buyers interested in the batch of seven industrial units in the Luanda-Bengo Special Economic Zone (EEZ) is foreign, said the president of the Institute of Management of Assets and State Participations (IGAPE).

Portugal, Mozambique and African Development Bank sign programme to support Mozambique

11 March 2019
A memorandum of understanding between Portugal, Mozambique and the African Development Bank establishing the Compact for Mozambique under the Compact Lusophone initiative is due to be signed on Tuesday in Maputo, according to an official statement.

Macau government secretary receives honorary doctorate in Portugal

11 March 2019
Alexis Tam Chon Weng, Secretary for Social Affairs and Culture of the Macau Government, received an honorary doctorate from the University of Lisbon (UL) in Lisbon on Monday, the university said.

Angola-Portugal Permanent Ministerial Commission meets in Luanda before June

11 March 2019
The first meeting of the Angola-Portugal Permanent Ministerial Commission will take place in Luanda in the first half of 2019, according to a statement released at the end of an official visit by the President of Portugal.

Fuel subsidy in Angola introduced in the 2019/2020 agricultural campaign

11 March 2019
The introduction of a subsidy on fuels for agriculture and fisheries in Angola should come into effect as of the 2019/2020 agricultural campaign, the Agriculture and Forestry minister said on Thursday in Benguela.

Air link may be set up between the cities of Lisbon, Portugal and Benguela, Angola

11 March 2019
The international certification of Catumbela airport in Angola later this year or in 2020, may make it possible to establish air links between Lisbon and Benguela province, said the Angolan Transport Minister.

Portuguese state supports Angola in privatisation of public companies

8 March 2019
Portuguese state-owned company Parpública will provide technical advice to Angola's State Assets and Investments Management Institute (IGAPE) in the preparation of privatisation packages for public companies under an agreement.

Angola and Portugal sign 11 new cooperation protocols

7 March 2019
Angola and Portugal on Wednesday in Luanda signed 11 new cooperation protocols, during a ceremony attended by President João Lourenço of Angola and President Marcelo Rebelo de Sousa of Portugal.

Macau is promoted as a tourist destination in Portugal

7 March 2019
A major promotion of Macau as a tourist destination is due to begin on 12 March in Lisbon with the presentation of a video mapping show called "Macau, a legendary trip" in Praça do Comércio in downtown Lisbon, the Macau Government Tourist Office (MGTO) said.

Portugal awaits EU approval to implement investment agreement with Angola

7 March 2019
The entry into force of the Agreement on the Promotion and Reciprocal Protection of Investments (APPRI) between Portugal and Angola is subject to authorisation from the European Union (EU), Portuguese daily newspaper Público reported quoting a source from the Ministry of Foreign Affairs.

Angola’s Sonangol to keep shareholdings in Galp Energia and BCP

5 March 2019
Angola's national oil company Sonangol will maintain keep its shareholdings in Portugal's Galp Energia group and Portuguese private bank Banco Comercial Português (BCP), the Angolan President said in an interview with Portuguese TV station RTP.

Macau company buys cattle company in Portugal

4 March 2019
CESL Asia - Investments and Services, Limited has signed an agreement to acquire Portuguese group Saltiproud, the country's largest cattle producer, the company said in a statement released on Friday.

Portugal’s debt issue in China is “mutually beneficial cooperation”

4 March 2019
China expects that issuing Portuguese public debt in yuan to be carried out in a "satisfactory" way and that it will be "mutually beneficial cooperation," according to the Chinese ambassador to Portugal.

Portuguese company plans to produce chickens in São Tomé and Príncipe

25 February 2019
Portuguese company Biaut - Automação Industrial is negotiating with the São Tomé and Príncipe authorities to set up a chicken production unit with an annual capacity of 30 tonnes of meat, said the director of the subsidiary.
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