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03 May 2020

Business Opportunities: Cabo Verde
Tenders are open for new infrastructure projects in Cabo Verde, both by the Government and foreign cooperation agencies.

A

03 May 2020

Angola´s Easing of State of Emergency Allows For Lulo Diamond Mine to Resume Activity
On 24 April 2020, a new Presidential Decree amended certain restrictions to allow essential industries to return 50% of their employees to the workplace. Among the first to announce return of operations, in a scaled manner, is Lulo diamond mine.

B

30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.

S

29 April 2020

South Korean Pension Fund NPS in EUR 2.4 billion Investment in Portuguese Road Concessionaire
Chinese construction companies were reportedly among potential buyers of Brisa, Portugal's main road concessionaire, but it was a grouping of three institutional investors that made the deal. Among the new shareholders is NPS, the national pension service of  South Korea.

P

28 April 2020

Portuguese and Chinese Builders Win €636 million Contract in Mexico
The Portuguese group has also won a USD 365 million project in Mozambique, related to the natural gas industry infrastructures. 

M

28 April 2020

Macao Secondary Market for Bonds to Go Full-Speed Ahead
With sights set in establishing a financial centre in MSAR, the Government of new chief executive Ho Iat Seng is pushing for specific services to be made available as soon as possible. The bond market, wealth management services and leasing, with an eye in the Great Bay Area, are also identified as development opportunities for the sector.

B

27 April 2020

Business Opportunities: Angola
The Angolan Government is progressing with privatizations in multiple fronts, including subsidiaries of the national oil company, Sonangol, and 13 industrial units in the Luanda-Bengo Special Economic Zone (SEZ).

R

27 April 2020

Report on COVID-19 Disinformation puts China at Odds with EU
Relations with the European Union and the US have been agitated by diverging views on Beijing's role in the coronavirus outbreak.

A

27 April 2020

Angola Makes Headway in Becoming Rare Earths Producer
Angola's president has approved a 35-year mining investment contract for the exploitation of the Longonjo rare earth project. According to the company, the mine "will become a major global supplier of the magnet metals".

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23 April 2020

Russia and Saudi Arabia top Belt and Road Investments – Refinitiv BRI Database
According to Refinitiv, providers of financial markets data and infrastructure, there is currently $3.16 trillion worth of active BRI projects that will require billions of dollars of financing, from Chinese State-Owned Entreprises (SOEs), but also from other countries.
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