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19 July 2019

The families of health and wealth in Cabo Verde
Health is at the heart of the Santos family, one of Cabo Verde’s most influential, whose most prominent member is Jorge Santos, the president of parliament and a key figure inside the liberal Movement for Democracy (MpD) party.

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10 July 2019

US$ 1 billion Belt & Road Africa Fund launched
Launched on the sidelines of the recent World Economic Forum meeting in Dalian, China, the fund will be chaired by doctor and businessman Dr Iqbal Survé, president of the South African Sekunjalo Group which focuses on investments in the African continent.

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08 July 2019

Macau offers the Greater Bay Area its privileged relationship with Portuguese-speaking countries
The diversification of Macau’s economy centred on relations with Portuguese-speaking countries is essential if the territory is to find its place in the Greater Bay Area, said the chief executive of Banco Nacional Ultramarino (BNU).

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08 July 2019

Ex-Macau Trade and Investment Promotion Institute (IPIM) chief remanded in custody for graft: CCAC
The ex-president of the government’s Macau Trade and Investment Promotion Institute (IPIM), Cheong Chou Weng, also known as Jackson Chang, has been remanded in custody, awaiting trial for a range of corruption-related crimes.

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05 July 2019

Clouds over Angola’s IMF programme
With the Angolan president making public claims about the need to restructure Chinese loans, the most sizeable in the country’s foreign debt ‘mix’, the International Monetary Fund has come in with a US$3.7 billion credit, under an Extended Fund Facility programme.

Companies turn to the waters of São Tomé and Príncipe
Oil production is a decades-old dream for São Tomé and Príncipe, especially for its cash-starved government and new developments in the country’s Exclusive Economic Zone (EEZ), which neighbour those of important oil-producing countries like Equatorial Guinea and Gabon, have made major oil companies look twice.

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24 June 2019

Angola begins nationalisation of assets acquired with public funds
After months of investigations into the acquisitions, made by members of the political and military elite over the last few years, of assets from the state or using state funds, Angola has finally kicked off a nationalisation process that is set to agitate political and business circles.

Anadarko gives the green light to Mozambique LNG
U.S. firm Anadarko has taken the final investment decision on the Area 1 Mozambique LNG project, with first gas expected in 2023.

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17 June 2019

Cloud computing from Macao arriving in Cabo Verde
Macao-based tech company Bringbuys Web Technology is taking firm strides to establish itself in the archipelago, which has ambitious plans for e-governance.

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11 June 2019

Huge ambition for Mozambican power
The government of Mozambique has set a very ambitious goal of achieving universal electrification by 2030, up from a rate of just 28% at present.
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