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São Tomé and Príncipe
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.
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.
06 April 2020

Support grows for African countries’ call for urgent debt relief

The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China. 
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