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A

02 July 2020

Angola and Cabo Verde Among African Countries With High Risk of Debt Distress – Fitch Ratings

Angola and Cabo Verde are among a group of African countries considered by Fitch Ratings as being at high risk of debt distress, in the current economic crisis context. Mozambique is already in default.

C

01 July 2020

China Bans Exports from Brazilian Meat Plants

Four major Brazilian slaughterhouses have been suspended from exporting to China, due to concerns about Covid-19 cases among its workers.

G

30 June 2020

Greater Bay Area Common Wealth Management Scheme Launched

Bank of China and the Monetary Authorities of Hong Kong and Macao have announced the Launch of a Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area.

I

30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique

The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.

IMF Awaiting China-Angola Debt Deal

China and Angola are close to a deal on debt relief for the African country, which could involve a moratorium on payments. The International Monetary Fund (IMF), which has a financing program to Angola ongoing, is waiting for a deal. 

B

29 June 2020

Brazil Suspends Meat Exports to China from Two Major Producers

Brazil´s Ministry of Agriculture has suspended two major slaughterhouses, owned by JBS and Agra, from exporting to China, due to concern about Covid-19 cases among its workers.

H

29 June 2020

Huawei ICT Academy Arrives in Portugal

Huawei is launching it´s ICT Academy in Portugal, after signing a memorandum of understanding in May with the University of Aveiro and the country´s Telecommunications Institute.

M

29 June 2020

Macau Forum Able to Channel Chinese Investment to Portuguese-speaking countries – Deputy

Portugal and Portuguese-speaking countries should take more advantage of the Macau Forum to attract Chinese investment, namely in greenfield projects, according to the Deputy Secretary-General of the organization, Rodrigo Brum.

B

26 June 2020

Brazilian Meat Exporters Ensure China of Being Covid-19 Free

Brazil´s major slaughterhouses have signed statements requested by Chinese officials saying their exports are free from coronavirus, according to companies.

M

26 June 2020

Mozambique and São Tomé e Príncipe get African Development Fund Grants

The African Development Fund (ADF) approved this week nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African Development Community (SADC) countries, including Mozambique.
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