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08 July 2020

Angola and Mozambique Fiscally “Vulnerable” – Fitch Ratings
The global economic downturn has caught Angola and Mozambique very exposed and fiscally "vulnerable", according to Fitch Ratings.

Angola-Focused Rare Earths Miner Enters London Stock Exchange
Pensana Rare Earths Plc is listed on the London Stock Exchange since Monday, as it seeks funding for its neodymium and praseodymium (NdPr) project at Longonjo, Angola.

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07 July 2020

Brazil’s Meat Exporters Propose Additional Tests to Avoid China Bans
With 5 Brazilian meat plants suspended from selling to China due to Covid-19 concerns, Brazil’s meat exporters are proposing to test all meat shipments arriving in the Asian nation to prove cargoes are safe and avoid more bans.

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07 July 2020

Portugal´s EDP Forced to Replace Executives Facing Corruption Charges
EDP – Energias de Portugal, which has China Three Gorges as its main shareholder, has been forced to replace its CEO, António Mexia, and another executive, who face corruption charges.

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06 July 2020

Total and Mitsui Complete 15.8 billion Financing for Mozambique LNG Project – Government
The Mozambique LNG project, headed by Total and Mitsui, has ensured financing worth USD 15.8 billion that was pending for the construction of infrastructure in the Mozambican province of Cabo Delgado. 

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06 July 2020

China´s Keda Industrial to build a ceramic factory in Mozambique
Chinese group Keda Industrial Co Ltd has received a loan from the International Finance Corporation, the World Bank's private sector body, which will be partially used to build a ceramic factory in Mozambique.

China´s Cofco International to Check Agro Buys from Brazil for Environmental Damage
Cofco International Ltd., the global trading arm of China’s biggest food company, vowed full traceability for all the soybeans it buys directly from farmers in Brazil by 2023.

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03 July 2020

Portugal´s Government takes Control of Efacec from Isabel do Santos and Looks for New Shareholder
The Portuguese government took control of a stake held by Angolan investor Isabel dos Santos in Efacec Power Solutions as it tries to help the manufacturer find a new shareholder, which could be a Chinese company.

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03 July 2020

Chinese Construction Companies to Resume Work in Angola
The Government of Angola has authorized the resumption of works in 13 priority and strategic projects in the Transport sector, including by  Chinese construction companies.

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02 July 2020

XCMG Group´s Bank in Brazil Aims to Support Chinese Businesses
XCMG Brasil Group launched on 01 July its banking operations in Brazil, which will support its own business and that of other Chinese companies in the South American country, according to one its top executives.
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