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26 February 2021

Soy Shipments from Brazil to Southern China “Very Limited” in Short Term

Delays in soy exports from Brazil are forcing Chinese soybean processors to curtail operations sharply, pushing up prices and likely leading to a rundown in inventories.

A

26 February 2021

Angola Gets USD 417 million to Boost Electricity Access

Angola will receive USD 417 million from the World Bank  and France to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities.

M

25 February 2021

Mozambique Gets Vaccines from China and Expects More From India

Dispatched from China, Mozambique´s first Covid-19 vaccines, a batch of 200 thousand doses, arrived on Wednesday, ahead of another 100 thousand already promised by India.

U

24 February 2021

USD 760 million Mozambique Gas Project to provide Additional Supply to South Africa

South African energy group Sasol has announced its final investment decision (FID) on a USD 760 million gas project in Mozambique, that will provide additional supply to South Africa in the short term.

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24 February 2021

Samsung Heavy Industries Pays USD 149 million for Judicial Settlement in Brazil

South Korean shipbuilder Samsung Heavy Industries agreed to pay 812 million reais (USD 149 million) to settle corruption investigations in Brazil, federal prosecutors said.

B

24 February 2021

Brazil and Portugal Improve in On-line Shopping

Brazil was one of the countries that gained the most last year in preparedness to support online shopping, according to the UNCTAD B2C E-commerce Index, which also marks improvements for Portugal.

M

23 February 2021

Macau group KNJ Launches its First Real Estate Project in Portugal and Vows to Invest More

Macau group KNJ is launching its first real estate project in Portugal, a residential tower in the city of Porto (north), and vows to continue investing in the country.

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23 February 2021

Syrah Resources Restarts Graphite Production in Mozambique

After a halt of almost a year, Syrah Resources Limited  is restarting production at the Balama Graphite Operation in Mozambique, mainly exported to China.

E

22 February 2021

EDP Brasil CEO Leaving After Having Doubled Company’s Value in 5 Years

EDP Energias de Portugal, whose main shareholder is China Three Gorges (CTG), has named a new CEO for its Brasil subsidiary, which has doubled its value in 5 years.

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22 February 2021

African Union Setting Up Infrastructure Fund as Alternative to China

The African Union is setting up a fund to finance the construction of  roads, railways and power plants on the continent, turning to new sources of cash other than China.
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