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C

13 January 2021

China Auto Makers Sought in Brazil After Ford Closes Factories

Brazilian authorities in the State of Bahia (northeast) are looking for investment from Chinese car manufacturers, after Ford announced it will close its factories there.  

S

13 January 2021

Sheldon Adelson, the billionaire who transformed Macao, dies at age 87

Casino tycoon and American political mega-donor Sheldon Gary Adelson died on January 11 following complications related to treatment for non-Hodgkin’s lymphoma. He was 87. 

U

12 January 2021

USD 662 million Fuel Terminal to Boost Angola’s Storage Capacity

Angola is set to boost its onshore storage capacity for refined oil products with a new USD 662 million terminal involving United Arab Emirates (UAE) companies, now approved by the Government.

C

11 January 2021

China Communications Construction Company Closes in on Mota-Engil Acquisition

Mota-Engil, the largest Portuguese construction company, formally approved the capital increase that will culminate with the entry of new shareholder China Communications Construction Company (CCCC).

B

11 January 2021

Brazil-China Trade Tops USD 101 Billion in 2020

Exports in Brazil's powerful agribusiness sector increased 6% last year, totaling USD 45.3 billion, thanks mainly to demand from China, the country's largest customer, that bought more than USD 67 billion in Brazilian goods.

C

08 January 2021

Chinese Covid-19 Vaccine 78% Effective in Brazil

Chinese vaccine maker Sinovac Biotech Ltd’s COVID-19 vaccine, CoronaVac, has shown to be 78% effective in late-stage trials in Brazil.

D

07 January 2021

Dubai’s DP World Wins Port of Luanda Concession

The Angolan government has awarded DP World, a Dubai-based port company, a 20-year concession for the operation of the Multi-Purpose Terminal at the Port of Luanda, which is expected to yield to the Portuguese-speaking State close to USD 1,000 million.

N

06 January 2021

New Chinese-built USD 330 million Cement Plant Starts up in Mozambique

The new Chinese-built cement production plant in Matutuíne district, Mozambique's Maputo province, began tests this week and will start production in February.

B

06 January 2021

Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021

Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.

I

05 January 2021

Insurgency in North of Mozambique Starts to Hit Gas Industry and Growth Forecasts

Mozambique's emerging gas sector faces 'potential delays' and cancellation of downstream projects, because of the insurgency in the northern province of Cabo Delgado, according to the Economist Intelligence Unit (EIU).
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