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Portugal

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.

Meeting of entrepreneurs from China and Portuguese-speaking countries was positive for São Tomé and Príncipe

19 July 2019
The 14th Meeting of Entrepreneurs for Economic and Trade Cooperation between China and Portuguese-speaking Countries was positive, the director of the São Tomé and Príncipe Trade and Investment Promotion Agency (APCI) said on Thursday in São Tomé.

Fidelidade insurance group negotiates investment reinsurance services in seven countries with China Reinsurance Corp

17 July 2019
Fidelidade has signed an agreement with China Reinsurance Corp to offer reinsurance to Chinese projects and investments abroad, the Portuguese insurer said in a statement released on Monday.

Mozambique negotiates with Portuguese airline for LAM to return to Europe

17 July 2019
The Mozambican government is negotiating with a Portuguese airline for Linhas Aéreas de Moçambique (LAM) to return to European air space from the first quarter of 2020, the Mozambican Minister of Transport and Communications announced.

Macau’s plays an effective role in the expansion of economic and business relations between China and Portuguese-speaking countries

16 July 2019
The Macau Special Administrative Region (MSAR) has been effective in its role as a platform in the expansion of economic and business relations between China and Portuguese-speaking countries, according to officials of the Macau SAR and China.

Haitong Bank, former BESI, intends to open a branch in Macau

15 July 2019
The Bank of Portugal approved the plan of Haitong Bank, formerly Banco Espírito Santo Investimento (BESI), to open a branch in the Macau Special Administrative Region, an official from the Haitong group said on Friday.

Portuguese group Super Bock focuses on China and gives up on building factory in Angola

12 July 2019
China remains the main foreign market for Portuguese group Super Bock, which is seeking to expand its presence in the country, said Rui Lopes Ferreira, the group's chief executive.

Subscription to the IPO of the Cahora Bassa Hydroelectric Plant in Mozambique ends on Friday

12 July 2019
The subscription to the Initial Public Offering of 2.5% of the shares representing the capital of the Cahora Bassa hydroelectric plant (HCB) ends on Friday, according to the operation's official schedule.
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