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31 August 2023

Chinese Investments in Brazil Fell 78% in 2022
Chinese investments in Brazil fell 78 % in 2022, to USD 1.3 billion, the lowest value since 2009, according to a new report, which points the cause to delays in Government licenses.

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30 August 2023

Afreximbank and China Development Bank sign USD 400 million Loan to Support African SMEs
China Development Bank (CDB) signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a USD 400 million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa.

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29 August 2023

China Makes Top-5 Largest Investors in Portugal
China, in the second quarter of 2023, was the origin of 6.8% of Portugal’s foreign direct investment (FDI), slotting in as the 5th largest investor in the country, according to the Bank of Portugal. 

Chinese President Vows to Support Agricultural Modernization in Africa
China will send a new shipment of food to Africa to combat the current food crisis, and will support the continent's agricultural modernization, Chinese President Xi Jinping announced.

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CNPC and Mozambique’s National Oil Company Sign Cooperation Deal
China National Petroleum Corporation (CNPC) announced the signing of a cooperation framework agreement in Maputo, Mozambique with ENH, Mozambique´s National Oil Company.

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21 August 2023

Mota-Engil Among Companies Repairing Mozambique´s Main Road
Portugal´s Mota-Engil, co-owned by China´s CCCC, is among three companies carrying out emergency repairs to Mozambique´s National Road 1 (N1), the African country´s main axis.

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19 August 2023

China´s CALB Sees ‘Opportunity’ for Battery Factory in Portugal With Xpeng-Volkswagen Deal
The new partnership between car manufacturers Xpeng and Volkswagen is seen by China Aviation Lithium Battery Technology (CALB) as “an opportunity” for its planned lithium battery factory in Portugal.

China-Angola Bilateral Investment Agreement Concluded
The China-Angola Bilateral Investment Agreement was concluded, as the two countries prepare broadening their engagement across sectors such as energy, mining, manufacturing, agriculture and fisheries.

China´s WCC Mozambique Dugongo Cimentos to Invest USD 200 million in New Factory
Mozambique Dugongo Cimentos, co-owned by Chinese West China Cement Limited (WCC), plans to invest USD 200 million in a second factory in the African country, in Nampula province.

China Lifts Pandemic-Era Restrictions on Group Tours for 4 More Lusophone Countries
China has lifted pandemic-era restrictions on group tours for more countries, including four more lusophone destinations.
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