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B

19 June 2020

Business Opportunities: Cabo Verde

Several business opportunities in the construction sector are currently active in Cabo Verde, according to local authorities.

A

19 June 2020

African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN

The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T

F

18 June 2020

Former Minister Named Guinea-Bissau Ambassador to China

António Serifo Embaló, a senior member of the PRS party, the third political force in the Guinean parliament, will be Guinea-Bissau´s new ambassador to Beijing.

C

18 June 2020

China Commits to Assisting African Countries Financially During Pandemic

China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping

E

17 June 2020

EDP CEO to Face Corruption Charges in Portugal

The Office of the Prosecutor-General of Portugal is moving ahead with corruption charges against António Mexia, the CEO of EDP - Energias de Portugal, which has China Three Gorges as its main shareholder.

S

17 June 2020

Sinopec Could Increase Stakes in Angolan Oil Fields in Debt Relief Deal – Verisk Maplecroft

A possible solution for  debt relief negotiations underway between the two countries could lead to an increase of Chinese state oil company´s stakes in Angolan oil fields, according to Verisk Maplecroft.

B

17 June 2020

Brazil´s Dependence on Exports to China Grows

With exports to the US and regional neighbors like Mexico plummeting this year, Brazil is becoming more reliant on its sales to China.

A

16 June 2020

Angola Oil Revenues At 10-Year Low in May

Angola´s oil export revenues fell by almost 74% in May, to only USD 747 million. According to Government data, this was the lowest figure since the beginning of the statistical series, in 2009.

U

15 June 2020

US Willing to Finance 5G Infrastructure in Brazil to Contain Chinese Companies

 The United States is already discussing with the Brazilian government and companies the financing for the purchase of 5G network infrastructure  from Ericsson and Nokia.

G

15 June 2020

Guinea-Bissau Wants Fisheries Agreement With China

Guinea-Bissau´s new Minister of Fisheries, Malam Sambú, wants more control of the foreign companies allowed to explore the country´s waters.
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