Portugal

Mozambican president announces initial investment decision for Rovuma LNG project

8 October 2019

The Government of Mozambique and the Mozambique Rovuma Venture consortium on Tuesday in Maputo, announced the Initial Investment Decision for the Rovuma LNG project in the northern province of Cabo Delgado, according to a statement from the Ministry of Mineral Resources and Energy released on Sunday.

Macau group formalises acquisition of Portuguese group Monte do Pasto

4 October 2019

CESL Asia - Investimentos e Serviços, Limited, through its wholly-owned subsidiaries Focus Platform and Focus Agriculture, in Lisbon formalised the acquisition of the Monte do Pasto Group, located in the municipalities of Cuba and Alvito, in the Alentejo region of Portugal, the group said in a statement.

2019PLPEX to showcase cooperation between China and the Portuguese-speaking countries

30 September 2019

The Exhibition of Products and Services of Portuguese-speaking Countries (Macau) 2019 (2019PLPEX) will feature an exhibition area for the work on the cooperation platform between China and the Portuguese-speaking countries, according to a decision approved in 2018, said the Macau Trade and Investment Promotion Institute.

Portuguese group Caixa Geral de Depósitos may start selling bank holding in Cabo Verde

30 September 2019

Portuguese state-owned financial group Caixa Geral de Depósitos (CGD) may start the process of selling its 59% stake in Banco Comercial do Atlântico, in Cabo Verde, according to a decree published in state gazette Diário da República that came into force on Saturday.

Traditional Chinese Medicine under discussion in Macau

26 September 2019

The Macau Government Secretary for Economy and Finance stated that the industrialisation and international development of traditional Chinese medicine (TCM) are highly valued by the government and promote the diversification of the local economy.

Portugal will move ahead with free movement even without unanimity of the Community of Portuguese-speaking Countries

26 September 2019

Portugal plans to move towards bilateral free movement agreements with States in the Community of Portuguese-Speaking Countries (CPLP) if there is no unanimity within the organization, the secretary-general of the Socialist Party (PS) and prime minister of Portugal said on Wednesday in Lisbon.

EuroAtlantic airways reaches agreement with São Tomé and Príncipe government

26 September 2019

EuroAtlantic airways has reached an agreement with the São Tomé and Príncipe government to sell its stake in STP Airways, also stepping away from ts management by October, said the founder and chairman of the board of the Portuguese airline.

Mozambican government plans to create Special Economic Zone in former Textáfrica neighbourhood

25 September 2019

The neighbourhood of former cotton factory Soalpo, later called Textáfrica, in Chimoio, the provincial capital of Manica, will be transformed into a Special Economic Zone, the Mozambican Prime Minister announced during a meeting with former workers of the textile factory that has been at a standstill for over 20 years.

Forum Macau promotes agricultural cooperation with Portuguese-speaking countries in Jiangsu

25 September 2019

The promotion of agricultural cooperation between Jiangsu Province and the Portuguese-speaking countries was the focus of a study visit to that province by the Permanent Secretariat of Forum Macau, the institution said in a statement.

Cabo Verde’s net international reserves totalled 623 million euros on 30 August

25 September 2019

Cabo Verde's net international reserves amounted to 623 million euros, of which 68% in euros and 32% in dollars, as at 30 August 2019, the Bank of Cabo Verde (BCV) said in a statement issued on Tuesday in Praia.

Over 100 companies participate in the 1st edition of ExpoHotel Angola

25 September 2019

The 1st edition of ExpoHotel Angola, which will take place from 26 to 29 September, alongside the 1st Congress on Hotels and Tourism, in Luanda, will be attended by over 100 companies, said the organiser, the Angolan Association of Hotels and Resorts.

Cape Verdean government mindful of bankruptcy of tour operator Thomas Cook

24 September 2019

The Cape Verdean Government is keeping a close eye on the bankruptcy situation announced by British tour operator Thomas Cook, said the Deputy Prime Minister and Finance Minister, when asked about the possible impacts of this bankruptcy on tourism in the archipelago.

EuroAtlantic airways seeks business opportunities in South America and the Caribbean

19 September 2019

EuroAtlantic airways will host a series of presentations in the Brazilian market, in other South American countries, and Caribbean countries in search of new business opportunities, the Portuguese airline said in a statement.

Innovative companies from Brazil and Portugal visit four cities in the Greater Bay

18 September 2019

A delegation of technological innovation companies from Brazil and Portugal this month visited four cities in China's Greater Bay Area as part of an exchange organised by the Macau Economic Bureau

Portuguese President enacts sale of a stake in a Cabo Verde bank

17 September 2019

The President of the Republic of Portugal on Monday enacted the bill for the sale of Cabo Verde's Banco Comercial do Atlântico (BCA), held by Portuguese state financial group Caixa Geral de Depósitos (CGD), according to an official announcement.

Portugal’s relationship with China is the best ever, says ambassador

12 September 2019

Portugal was the first country in Atlantic Europe to sign a cooperation agreement with China under the Belt and Road initiative, the Chinese ambassador to Portugal wrote in a text published in the China Daily newspaper.

Start-ups from Brazil and Portugal seek investors in Macau

6 September 2019

Seventeen companies from Brazil and Portugal are in Macau looking for Chinese investors and partners by taking part in Macau International Start-up Week from 5-7 September, officials told Portuguese news agency Lusa.

Angolan oil company Sonangol sells real estate assets in Portugal

30 August 2019

Angolan state oil company Sonangol has begun the process of selling real estate assets in Portugal, the state group said in a statement issued on Thursday in Luanda.

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.

Get our latest news