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09 June 2023

Portugal should “make rational political choices autonomously” regarding Huawei, China says
Chinese diplomacy advised Portugal to "make rational political choices autonomously", regarding a possible ban of Huawei from the European country´s 5G networks, and warned of consequences such as "breaking ties".

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06 June 2023

Mozambican banking sector profits jump 44% with economy speeding up
The Mozambican banking sector faced an improvement in domestic economic growth in 2022 and saw profits jump 44% due to healthy margins and lower provisions, according to Eaglestone Securities.

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05 June 2023

Singapore Investigating local JV on Pre-2015 Brazilian Corruption Case
Singapore joint-venture Seatrium confirmed that it has been notified that Singapore’s Corrupt Practices Investigation Bureau has started a new investigation which the company links to the pre-2015 activities of a subsidiary in Brazil.

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05 June 2023

Macau Government appoints new head of Economic Delegation in Lisbon, EU and WTO
The Government of Macau appointed Lúcia Abrantes dos Santos as the new head of the Economic and Commercial Delegation of Macau in Lisbon, to the European Union (EU) and to the World Trade Organization (WTO).

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05 June 2023

China’s CNOOC begins production at Buzios5 well in Brazil
China's CNOOC Ltd has begun production at the Buzios5 well in Brazil, the fifth phase of the Buzios oilfield off the South American country´s southeast coast, the company said in a statement.

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01 June 2023

Mozambican airline LAM to take-off China flight
LAM – Linhas Aéreas de Moçambique is set to launch new flights to China and Asia, as part of an operational shift aiming to make the company financially sustainable.

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31 May 2023

African Development Bank to manage in Angola USD 50 million credit facility provided by China
The African Development Bank (BAD) will manage a USD 50 million credit facility provided by China for a project in Angola, with a total cost of USD 125 million.

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30 May 2023

China´s Huawei Unaware of Portugal´s Government Intentions to Ban It From 5G network
Portugal’s cybersecurity authorities have established new 5G guidelines that in effect ban network equipment manufactured by China´s Huawei.

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29 May 2023

Japan´s Sumitomo and Kansai Preferred Bidders for Mphanda Nkuwa Dam in Mozambique
Mozambique´s Government announced the consortium led by Électricité de France (EDF), which includes Total Energies, Sumitomo Corporation and Kansai, as Preferred Bidder in the tender for the Strategic Partner for Mphanda Nkuwa Project.

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29 May 2023

Shandong Department of Commerce links with Portugal´s Trade Agency
Portugal´s Trade Agency, AICEP, and the Department of Commerce of Shandong (China) signed a cooperation agreement aimed at deepening bilateral relations and promoting business opportunities.
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