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E

17 July 2023

EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment

EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.

P

13 July 2023

Portugal’s Mota-Engil Signs EUR 840 million Nigeria Rail Contract

Portugal's largest builder Mota-Engil, partly owned by China´s CCCC, has signed an EUR 840 million contract to supply and finance railway rolling stock in Nigeria, strengthening its order book in Africa.

A

12 July 2023

Angolan Exports to China Fall 46.9% in First Quarter While Imports Rise 47.5%

Angolan exports to China fell 46.9% in the first quarter, compared to the same period in 2022, while imports from the Asian giant rose 47.5%.

P

11 July 2023

Portugal´s Auto Sueco Becomes Official Distributor of DongFeng Trucks in Mozambique

Auto Sueco Moçambique, has become the official distributor of Chinese-made trucks DongFeng, also servicing vehicles in its vast network in the African country.

C

10 July 2023

Cabo Verde and Mozambique Increase Scientific Cooperation With China

Cabo Verde and Mozambique are increase scientific cooperation with China, under new projects.

China and Equatorial Guinea Deepen Partnership

Equatorial Guinea´s Vice-President, Teodoro Nguema Obiang Mangue, visited Beijing aiming to strengthen the country´s partnership with China.

China´s CALB Lithium Battery Factory in Portugal in Peril

Chinese group China Aviation Lithium Battery Technology´s (CALB) lithium battery factory in Portugal, one of the major investments planned in the European country, is now at risk.

Chinese Fashion Giant Shein Will Invest in Textile Production in Brazil

Online fast fashion retailer Shein says it will invest 750 million reais (USD 148.9 million) in helping to modernise textile production in Brazil in the coming years, according to multiple media reports.

China´s BYD to Build USD 624 million Factory in Brazil, First Outside China

BYD will invest 3 billion reais (USD 624 million) in Brazil, in the northeastern state of Bahia, to build its first electric-car plant outside Asia.

F

03 July 2023

Fidelidade, Fosun and Hospital da Luz Promote Health Startups in Portugal

Portugal-based insurer Fidelidade and Hospital da Luz Learning Health, in partnership with China´s Fosun, launched another edition of Protechting, an international program to support and boost the growth of innovative startups in the healthtech and insurtech sectors.
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