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24 July 2020

China´s AVIC Luanda Airport Project to Face Further Delays
The new Luanda International Airport project, in charge of China National Aero-technology International Engineering (AVIC), has been suspended and should be completed only after 2023. 

U

24 July 2020

U.S. Export-Import Bank Vows to Take Over China in Africa
After approving its biggest loan yet in sub-Saharan Africa, for Mozambique´s Natural Gas projects, the Export-Import Bank of the U.S., plans to compete more aggressively with China on the continent, in sectors like energy and telecoms.

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23 July 2020

Port Wine “Protected” in China Under New EU Agreement
Portugal´s Port Wine is one of the protected geographical indications (PGI) for 100 agricultural products, food and wine, protected from imitation under a European Union-China agreement now approved.

C

23 July 2020

Chinese Demand for Mozambican Precious Stones Surges
Chinese demand for Mozambican rubies and emeralds is surging, according to Montepuez Ruby Mining (MRM), the company operating the precious stones mine of Namanhumbir, Cabo Delgado province.

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22 July 2020

“Much to do” for Macau Forum and Development Fund, Brazil´s Ambassador to China Says
The Macau Forum and the China Portuguese-speaking countries Cooperation and Development Fund, also based in Macau, are not central to Brazil-China relations and its results are bellow expectations, according Brazilian ambassador to China, Paulo Estivallet de Mesquita.

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22 July 2020

Indonesia´s Buzi Hydrocarbons Suspends Natural Gas Exploration in Mozambique
Indonesian company Buzi Hydrocarbons (BH) has suspended drilling for natural gas n the Buzi block in central Mozambique, due to the new coronavirus.

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21 July 2020

EDP – Energias de Portugal to buy Spanish electricity company Viesgo for EUR 2 Bi
EDP – Energias de Portugal, which has China Three Gorges as its main shareholder has agreed to buy Spanish electricity company Viesgo from Macquarie funds in a deal worth EUR 2 Bi, including debt.

B

21 July 2020

Brazil begins advanced clinical testing of Chinese-made vaccine against new coronavirus
Brazil will begin advanced clinical testing of a Chinese-made vaccine against the new coronavirus Tuesday, issuing the first doses to around 900 volunteers, officials said.

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21 July 2020

US and Japan Finance Total and Mitsui´s USD 20 Bi Mozambique LNG Project
Total and Mitsui have signed a USD 14.9 Bi senior debt financing agreement for Mozambique LNG, the country’s first onshore LNG development.

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20 July 2020

Fuel Demand in Brazil Could Limit Exports to China, Petrobras Warns
Demand for fuels such as gasoline and diesel is growing in Brazil, which could limit exports to China in the coming months, Roberto Castello Branco, the chief executive of state-run oil firm Petrobras, said.
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