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19 September 2022
China-Brazil trade boosts Angolan airline TAAG income
Angolan airline TAAG saw revenue in the cargo segment reach USD 67 million until August, boosted by charter flights between China and Brazil through Luanda airport.
16 September 2022
China donates EUR 13.9 million to Mozambique and cancels EUR 7 million debt
China will donate the equivalent of EUR 13.9 million to Mozambique and cancel debt owed by the African country worth EUR 7 million under agreements signed in Maputo between the two countries.
14 September 2022
China´s CREC4 urban water project in Bie province to supply 70,000 users
An urban water project in Angola´s Bie province, led by State builder China Railway No 4 Engineering Group Co Ltd, (CREC4), will supply over 70,000 users.
29 August 2022
Chinese company to build the new port of Chongoene in Mozambique
China’s Dingsheng Minerals, which has been exploring heavy sands in Chibuto, Mozambique, will finance the construction of the new Chongoene port.
16 August 2022
China-financed Luachimo Hydroelectric Dam in Angola readies for start-up
The Luachimo Hydroelectric Dam, a USD 212 million project financed by China in Angola´s Lunda Norte province, is gearing up for start-up.
05 August 2022
Portugal realtors lure Chinese investors with serviced appartments and real estate funds
Realtors in Portugal are luring foreign investors, namely Chinese, to the golden visa program using serviced appartments and real estate funds to circumvent new restrictions in the main cities.
25 July 2022
Angola to earn USD 2 billion from Lobito corridor concession to Mota-Engil
The Angolan state will earn over USD 2 billion with the concession of Lobito corridor to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
25 July 2022
New Development Bank approves projects totalling USD 875 million in Brazil, China and India
The New Development Bank (NDB) has just approved five new projects totalling USD 875 million for water, sanitation, ecotourism and transport, supporting commitments by Brazil, China and India towards the Sustainable Development Goals (SDGs).
13 July 2022
Mozambique and other African countries looking to China to develop infrastructure
Mozambique and other African countries would like to see more cooperation with China to help them develop transport and boost the economy, officials and scholars said.
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