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24 July 2020

U.S. Export-Import Bank Vows to Take Over China in Africa
After approving its biggest loan yet in sub-Saharan Africa, for Mozambique´s Natural Gas projects, the Export-Import Bank of the U.S., plans to compete more aggressively with China on the continent, in sectors like energy and telecoms.
15 July 2020

Creation of BRICS Bank Regional Office in Brazil Approved
The New Development Bank´s (also known as "BRICS Bank") regional office for the Americas, based in the city of São Paulo, has been approved by Brazilian lawmakers.
02 July 2020

XCMG Group´s Bank in Brazil Aims to Support Chinese Businesses
XCMG Brasil Group launched on 01 July its banking operations in Brazil, which will support its own business and that of other Chinese companies in the South American country, according to one its top executives.
30 June 2020

IMF Awaiting China-Angola Debt Deal
China and Angola are close to a deal on debt relief for the African country, which could involve a moratorium on payments. The International Monetary Fund (IMF), which has a financing program to Angola ongoing, is waiting for a deal. 
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