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E

28 December 2019

Establishment of Forum Macau has allowed for exponential growth of trade between the member countries

Xu Yingzhen said Forum Macau would continue to support the construction of Macau as a platform that aims to integrate it in the context of national development.

C

19 December 2019

China awaits Mozambican LNG

Both of Mozambique’s giant onshore LNG projects have taken big steps towards development. One has completed its purchase of a large stake in Mozambique LNG, while the other project moves closer to its ambition of overseeing the commercial development of gas reserves in the Rovuma Basin.

P

17 December 2019

Portugal resists US pressure to put Huawei offside

Portugal is the latest in a string of countries that the US has pushed to not partner with Chinese tech company Huawei for next-generation 5G networks. But Portugal, a NATO ally, refuses to put Huawei offside.

C

13 December 2019

Conflicts start to weigh on Mozambique’s economy

The Mozambican economy has continued to lose steam during the year, owing to the fall in commodities prices in international markets. Conflicts in the north also weigh heavily on business activity, bringing up inflation, an effect that is expected to carry into 2020.

M

12 December 2019

Macau economy expected to post growth of 5.2% in 2019, EIU says

Macau’s economy will contract at a rate of 5.2% in 2019, according to the latest forecasts from the Economist Intelligence Unit (EIU), which refer to 2021 as the year in which the territory will return to positive growth rates.

N

11 December 2019

New rules for public-private partnerships in Angola

Investment promotion is central to Angola’s efforts to boost economic growth after three years of recession. The solution may be public-private partnerships, which now have established guidelines.

T

05 December 2019

The winds of change

In 2017, Cabo Verde was planning to become the first country in the world to generate all of its electricity from renewables. This year, that ambitious target has been scaled down – but it isn’t stopping the African island nation from striving to quickly become as reliant as it can on renewables.

O

05 December 2019

Our friends in the south

China moved closer to Argentina and Brazil at the eighth edition of the Global Tourism and Economy Forum in Macao. The South American nations were the forum’s partner countries this year and they made gestures that could attract Chinese tourists their way in the years to come.

D

03 December 2019

Diamond exports take a hit in Angola, along with oil

Angola has been in a prolonged recession since 2014, with oil production declining and oil prices subdued. Independent analysts expect this recession to continue, but now Angola’s second export – diamonds – is also taking a hit.

B

02 December 2019

Beijing appoints 9 top government officials, chief prosecutor

The State Council on Sunday appointed the nine principal officials and the chief prosecutor of the incoming government of the Macau SAR which will take office on December 20.
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