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28 November 2019

China’s Exim Bank partners with Morocco’s Attijariwafa Bank for African expansion

A new partnership agreement between China's Exim Bank and Attijariwafa Bank from Morocco, is set to align two key financial institutions in both countries in the common goal of boosting business ties and their economic presence in Africa.

I

27 November 2019

Insurgents again reach Mozambique LNG projects area

Armed insurgents have again reached the vicinity of the site of the liquid natural gas project in the northern Mozambican province of Cabo Delgado, contradicting previous claims by the country’s Defence Ministry that counter-terrorist operations have been successful.

S

21 November 2019

Support from China Steady as Risks Abound for São Tomé and Príncipe

As the government of São Tomé and Príncipe submits its 2020 budget, internal and external risks for the country mount. According to an IMF assessment, looming risks include fiscal policy slippages and political strife. Existing support from China is expected to remain steady.

A

18 November 2019

African Development Bank Calls for Investment in Portuguese-Speaking Africa

Portuguese-speaking countries in Africa are “a hotspot for investor interest”, says Mateus Magala, Vice-president of the African Development Bank, “the time is now” to invest in these countries, because of economic reforms, a burgeoning middle class and regional diversity against the background of the new African Continental Free Trade Area.

P

14 November 2019

Political turmoil ahead of crucial election in Guinea-Bissau

Guinea-Bissau's political turmoil reach new heights, with the nation on the verge of a military coup in the run-up of the presidential election — companies from China and other countries look closely at what the political stalemate's end might mean for business opportunities, including oil exploration.

M

12 November 2019

Macau responds to China’s call to expand international trade

The expansion of global trade was an important theme of the 2nd International China Imports Exhibition, during which a set of agreements favouring Macau as a trading platform between Portuguese-speaking countries and China was signed.

R

11 November 2019

Rebuilding Mozambique’s cyclone damage

Six months on, Mozambique is still recovering from the double blow of cyclones Idai & Kenneth. Experiencing several huge cyclones since the turn of the millennium, these events are becoming more common due to climate change, with valuable lessons on climate resilience appearing to have been learnt.

M

06 November 2019

Mozambique economic growth hurt by international trade tensions

Current international trade disputes, most notably between the US and China, are slowing global growth. With the price of commodities also on a downturn, economy’s like Mozambique’s, heavily dependent on such efforts, are already taking a hit.

B

04 November 2019

Boom time for Mozambique’s heavy sands

Four big schemes have now been developed in Mozambique, two of them by Chinese companies, and new projects are in the pipeline, but it is feared that one project contributed towards environmental damage in 2015.

A

31 October 2019

Angola Alert: local currency to continue losing value

The value of Angola’s currency, the kwanza, has more than halved, since the central bank implemented a floating exchange rate regime as part of its macroeconomic stabilisation programme in January 2018. Nearly two years on, the kwanza continues to slide and is expected to maintain its downward trend.
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