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Mozambique
11 May 2020

UN´s Economic Commission for Africa Proposes 7 Lockdow Exit Strategies
The United Nations Economic Commission for Africa (ECA) estimates that a one-month full lockdown across Africa would cost the continent about 2.5 per cent of its annual GDP, equivalent to about USD 65.7 billion per month. With the costs of the Covid-19 lockdown mounting, the ECA is now proposing 7 Lockdow Exit Strategies for African Countries that that "provide sustainable, albeit reduced, economic activity".
07 May 2020

Covid-19´s Impact on China and Other Trading Partners to Hurt Mozambique´s Growth
The Mozambican government’s real GDP growth projection of 2.2% for this year may prove to be "somewhat optimistic", according to Eaglestone Securities, considering the uncertainties surrounding the impact that Covid-19 could ultimately have on the local economy.
04 May 2020

Announcement: Your New and Improved CLBrief Newsletter
Starting May 5th, a new and improved CL Brief e-mail newsletter will be available to all its readers, with timely, reliable and relevant information about business issues regarding the Portuguese-Speaking Countries (PSCs), China and other Asian economies.
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
28 April 2020

Portuguese and Chinese Builders Win €636 million Contract in Mexico
The Portuguese group has also won a USD 365 million project in Mozambique, related to the natural gas industry infrastructures. 
21 April 2020

Macau Government Reaffirms Commitment to Portuguese-Speaking Countries
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
20 April 2020

Angolan Exports to China Take a Hit
With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit. 
16 April 2020

Mozambique the Exception Among Lusophone Africa Economies in the “Red”
Like the rest of the continent, macroeconomic forecasts for Lusophone African countries are now all “in the red” ⁠— with the exception of Mozambique.
15 April 2020

COVID-19 Postpones Delivery of Airport Built by China in Mozambique
Chongoene airport, to be built in Gaza province, southern Mozambique, by China Aviation International Construction and Investment Co Ltd , is expected to be completed six months later than planned.
08 April 2020

China’s CNPC Natural Gas Project in Mozambique Delayed
The final investment decision for the Rovuma LNG natural gas project, in Mozambique, which was scheduled for this year, has been postponed, announced US group ExxonMobil, that partners with China National Petroleum Corporation (CNPC) for the project. The decision is part of the measures to respond to the economic consequences of the Covid-19 pandemic.
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