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16 March 2020

Analysis: Angolan economy set for Covid-19 blow
The Covid-19 pandemic is having a severe impact on the global economy, from aviation and tourism to car sales. With its economy still reliant on oil exports, Angola's expectations to end a 4-year recession in 2020 are now fading away.

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13 March 2020

Importance of trade with China exposes Mozambique to impact of Covid-19
The Bank of Mozambique conducted an assessment of potential damages to Mozambique economy of the impact of COVID-19, and the prospects are worrisome.

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11 March 2020

Legal Flash: Timor-Leste amends Petroleum Activities Law
Timor-Leste's revised Law on Petroleum Activities has just been published. It amends 15-year old legislation regulating an economic activity that is the country´s main source of income. The awarding of exploration under a new licensing round is expected.

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11 March 2020

Business opportunities in Cabo Verde
With its economy expected to grow above 5% this year, Cabo Verde is generating multiple business opportunities. CLBrief presents three of the most recent, in construction and agriculture.

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10 March 2020

Fitch Ratings lowers risk rating for Angola to  “B-“
Fitch Ratings has lowered its risk rating on Angola to "B-", reflecting the impact of lower oil production and prices and the consequent devaluation of the national currency, the kwanza.

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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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