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15 July 2024

China Looking to Fund New Projects in Angola as Agriculture and Industry Ventures Take Off
 China's ambassador to Angola, Zhang Bin, reinforced China's commitment to economic and business cooperation with Angola, in a meeting with President João Lourenço, while new investments are being launched in agriculture and industry.

China´s Okawa to Open E-bike Motor Factory in Portugal
Okawa Motor Technology Co. Ltd from China is gearing up to open in Portugal its first e-bike motor assembly line in Europe.

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12 July 2024

Angolan Banks’ Net Profit More than Doubled in 2023
The combined net profit of Angola's 21 banks more than doubled to AKZ 818.165 million (USD 987 million) in 2023, with the sector's total solvency ratio improving from 28.4% in 2022 to 30.3% last year, according to a report by financial consultancy Eaglestone. 

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11 July 2024

China Boosts Strategic Investments in Africa’s Oil, Tech, and Renewable Energy
China's interest in supporting strategic investments in multiple countries in Africa, including Angola, continues to grow, according to investment platform Energy Capital and Power.

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11 July 2024

Brazilian Solar Energy Association and China to Expand Trade and Investment in Brazil
The Photovoltaic Solar Energy Associations of Brazil (ABSOLAR) and China are partnering to attract more investment in the South American country and bilateral technological exchange.   

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11 July 2024

Chinese and Guinea-Bissau Presidents Elevate Ties
Chinese President Xi Jinping and Umaro Sissoco Embalo, president of the Republic of Guinea-Bissau, announced the elevation of their countries' relations to a strategic partnership when holding talks in Beijing. 

China Funds Conference Center and Rehabilitates 300 km of Roads in Guinea-Bissau
China will finance a large conference center for Guinea-Bissau's CPLP presidency and rehabilitate 300 kilometers of roads, among other investments in the African country, Guinean President Umaro Sissoco Embaló announced.

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10 July 2024

Timor-Leste’s Entry Into ASEAN Opens up Opportunities for Portuguese-speaking Countries
The President of East Timor announced in Luanda that the country is set to become the 11th member of the Association of Southeast Asian Nations (ASEAN) by 2025, bringing new opportunities for Portuguese-speaking countries.

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09 July 2024

Chinese Car Sales in Brazil Grow 450% in First Half of Year
About 200.000 imported vehicles were registered in Brazil in the first semester of this year, with Chinese vehicles accounting for 78%, an increase of almost 450% compared to the first semester of last year, according to official data.

China to Invest USD100 Billion in Brazil Transoceanic Railroad
China is investing in the construction of a transoceanic railroad, which will link Brazil to Peru, shortening distances and reducing transportation costs and further consolidating its partnership with Brazil.
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