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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).

P

05 January 2021

Portugal’s EDP to Buy 40% of Brazilian Solar Energy Firm Blue Sol

EDP Energias do Brasil SA, owned by Portugal's EDP group, has signed a deal to acquire a stake of up to 40% in the Brazilian solar energy firm Blue Sol Participacoes.

Portugal’s Mota-Engil Wins Contract Worth USD 570 million in Ghana

Mota-Engil, the Portuguese construction company entering a strategic partnership and investment agreement with China Communications Construction Company (CCCC), has won a USD 570 million contract in Ghana.

Portugal Gets EUR 45 Billion From EU For Post-Pandemic Stimulus

The EU has equipped itself with a new ‘Marshall Plan’, worth EUR 1.8 trillion, to tackle the pandemic economic crisis, with more than EUR 45 billion allocated to Portugal.

E

02 January 2021

EU-China Comprehensive Agreement on Investment Ensures Greater Market Access

The European Union-China Comprehensive Agreement on Investment (CAI), agreed in principle by both sides after long negotiations, will ensure greater and better access to the Chinese market for investors, according to the European Commission (EC).

A

02 January 2021

Angola: Government Committed to Infrastructure Rehabilitation

The quality of roads, railways and ports in Angola remains an obstacle to the country's development, despite large-scale investments made in the last decade, but a new government plan could solve some of the constraints, according to consultancy Eaglestone Securities.
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