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30 July 2020

EUR 1.5 Bi Hydrogen Power Project Planned in Portugal

EDP, Galp and REN, Portugal´s major energy companies, are moving ahead in a European consortium to invest EUR 1.5 Billion in an hydrogen power project in the country´s industrial cluster of Sines.

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29 July 2020

“Reciprocity” a “Sticking Point” in EU-China Relations

The European Union (EU) has called on China to remove existing barriers impeding access to the Chinese market of EU exporters and investors, while the two blocks work on a Comprehensive Agreement on Investment.

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29 July 2020

China Foreign Investment Barriers Still High, European Chamber of Commerce Warns

China´s barriers to foreign investment are still high, despite recent improvements, according to the European Union Chamber of Commerce in the country.

China Merchants Ports Bids for Port of Luanda Concession

China Merchants Ports, one of the largest container terminal operators in the world, is bidding for the concession of the Port of Luanda´s Multipurpose Terminal. 

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28 July 2020

Business Environment Improvement “Critical” for Economic Recovery in Southern Africa

The COVID-19 pandemic in Southern Africa could lead to a fall of 4.9% in economic output in the region in 2020, and an improvement in business environment will be critical for the recovery, according to the African Development Bank (ADB).

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28 July 2020

Jack Ma Foundation Shortlists 50 “African Business Heroes” out of 22.000 Applications

The Jack Ma Foundation has selected 50 finalists, from over 22,000 applications across all 54 African nations, for it´s 2020 Africa’s Business Heroes prize of USD 1.5 million.

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27 July 2020

Stop of Exports to China by Some Brazilian Meat Producers a “Precautionary Measure”

The suspension of exports to China by some Brazilian meat producers due to Covid-19 cases is a "Precautionary Measure", with temporary effects, said the Minister of the Chinese Embassy in Brazil, Qu Yuhui.

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27 July 2020

Pensana in Talks With Banks to Add Funding to Angola Rare Earths Project

Pensana Rare Earths is in early stage talks with lenders including Barclays, South Africa’s Rand Merchant Bank (RMB) and funds including Fidelity to secure more funding for its Angola project, its chairman said.

M

27 July 2020

Mozambique Secures Future as a “Globally Significant Energy Supplier” – EIU

The financing of about USD 15.8 bn for the Area 1 liquefied natural gas (LNG) project in Mozambique secures the country´s future as a globally significant energy supplier, according to the Economist Intelligence Unit (EIU).

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27 July 2020

China´s Oil Imports from Brazil Double in June

China’s crude oil imports from Brazil almost doubled in June, as refiners ordered record volumes of the fuel in March and April when oil prices tumbled.
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