São Tomé and Príncipe
30 April 2020
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.
21 April 2020
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.
01 April 2020
In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
15 January 2020
21 November 2019
As the government of São Tomé and Príncipe submits its 2020 budget, internal and external risks for the country mount. According to an IMF assessment, looming risks include fiscal policy slippages and political strife. Existing support from China is expected to remain steady.