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10 March 2020

Puma Energy and Angolan general go separate ways
Cochan Holdings, an investment vehicle founded by influential Angolan General Leopoldino do Nascimento (‘General Dino’), is leaving the capital of Singapore-based oil trading company Puma Energy Holdings Pte Ltd.

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06 March 2020

Key Ministry in new Guinea-Bissau government
Guinea-Bissau has a new government, supported by a parliamentary majority, formed by the newly inaugurated president, Umaro Sissoco Embaló. Malam Sambu, the country’s long time ambassador to Beijing, is set to take over the key government folder of Fisheries.

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04 March 2020

Angola Legal Flash: New rules for foreign exchange operations by foreign residents
The National Bank of Angola (BNA) Notice no. 15/19, published 30 December 2019, defines new procedures for foreign exchange operations carried out by non-residents.

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03 March 2020

China’s successful experience in agriculture in Mozambique demonstrates importance of partnerships and “patience”
Public-private partnerships and “patience” essential ingredients for projects involving partners from China in Mozambique.

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28 February 2020

State financial incentives for creation of São Vicente Special Maritime Economic Zone
The Cape Verdean government's law creating the Special Maritime Economic Zone on São Vincente (ZEEMSV) has passed through parliament and the project, supported by China, is expected to begin implementation soon.

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26 February 2020

Chinese ambassador in Luanda defends Chinese cooperation model from US criticism
With the US-China rivalry in African business reaching new heights, Angola has found itself at the centre of the economic diplomacy dispute.

China finances modernisation and expansion of the international airport of São Tomé and Príncipe
The modernisation and expansion funding for the international airport of São Tomé and Príncipe will be provided by China under an agreement signed on Friday in São Tomé.

China International Fund continues to unravel in Angola
China International Fund (CIF) was synonymous with large-scale Chinese investment in Angolan housing, roads and railways prior to Sam Pa's 2015 arrest. Under the new administration of President João Lourenço, since 2017, the CIF “empire” has unravelled.

China strengthens its position as the largest bilateral creditor of Mozambique
China continues to strengthen its position as the largest bilateral creditor of Mozambique and is expected to continue as such in the coming years, due to new credits being negotiated by the governments of the two countries, according to official figures.

Coronavirus “contagion” for the Angolan economy
Despite substantial reforms to attract investment, which have already reflected in an improvement in the global corruption perception index, the Angolan economy is still in negative territory. Heavy reliance on oil exports means Angola’s GDP is highly exposed to “contagion” from the effects of the coronavirus crisis in China.
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