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P

19 March 2021

People’s Bank of China and African Development Bank Finance USD 530 Million Angola Power Grid

The African Development Bank  will finance with USD 530 million the construction of a 343 km line that will connect the north and south transmission grids in Angola, allowing for the distribution of clean energy between the regions.

C

19 March 2021

China Bought 71% of Angola’s Oil in 2020

China bought 71% of Angola's oil in 2020, according to data from the Angolan Ministry of Mineral Resources, Oil and Gas.

A

19 March 2021

AEP Portugal to Participate in Food & Hospitality China Fair

Portuguese business association AEP is promoting its presence at the 25th edition of FHC - Food & Hospitality China, which will take place in Shanghai from 9 to 11 November 2021.

G

17 March 2021

Guinea-Bissau Praises China Support After USD 7,5 Million Donation

The Government of Guinea-Bissau will get around USD 7.5 million from China, under an economic and technical financing deal, just weeks after the launch of a Chinese-financed highway in the African country´s capital.

E

17 March 2021

Ericsson AB Going Head-to-Head with Huawei in Brazil 5G Auction

Ericsson AB expects to take advantage of its large share in Brazil’s telecommunications market to fight off competition, especially from Huawei, in one of the world’s largest 5G spectrum auctions.

S

16 March 2021

Syrah Resumes Operation at Balama Mine in Mozambique

Syrah Resources is resuming natural graphite production at its Balama operation in Mozambique, mainly exported to China.

L

16 March 2021

Lusophone African Economies Resume Growth in 2021

The economies of Portuguese-speaking Africa are all expected to recover from last year's losses and resume growth in 2021, with Cabo Verde and Angola the most dynamic, according to the African Development Bank (AfDB).

C

16 March 2021

Chinese Groups Lose Bid for Soyo Refinery in Angola

The construction of the Soyo refinery, in the Angolan province of Zaire, will be handed over to the Quantem consortium, which beat two Chinese companies in a tender.

T

16 March 2021

Taiwanese Businesswoman Ming-Chu Hsu Adds More Real Estate to Portfolio in Portugal

Taiwanese businesswoman Ming-Chu Hsu, has added to her growing real estate portfolio in Portugal by buying into a tech-business park, Taguspark, outisde of the country's capital, Lisbon.

A

15 March 2021

African Countries to Trade More With China, After Covid-19

African countries are expected to trade more with China and less with Europe, the United States (US) and India, with Angola having the largest increase, according to a new study.
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