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Angola
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
Angola
19 June 2020

African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN
The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T
China
18 June 2020

Former Minister Named Guinea-Bissau Ambassador to China
António Serifo Embaló, a senior member of the PRS party, the third political force in the Guinean parliament, will be Guinea-Bissau´s new ambassador to Beijing.
Angola
18 June 2020

China Commits to Assisting African Countries Financially During Pandemic
China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping
China
15 June 2020

Guinea-Bissau Wants Fisheries Agreement With China
Guinea-Bissau´s new Minister of Fisheries, Malam Sambú, wants more control of the foreign companies allowed to explore the country´s waters.
Angola
09 June 2020

China Delays Debt Repayments for 77 Low-Income Countries
The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.
Angola
31 May 2020

China´s Trade With Brazil, Cabo Verde and Timor Leste Resists Pandemic
Chinese trade with Brazil resisted the Covid-19 pandemic in the first quarter of the year and even rose in the cases of Cabo Verde and Timor Leste. However, exchanges with the remaining Portuguese-Speaking Countries (PSC) did not resist the pandemic.
Angola
19 May 2020

Africa´s Debt Load Forces Negotiations, With China at the Center
China is Africa’s largest bilateral creditor, having given these countries estimated loans worth $152 billion between 2000 and 2018. With the economic crisis in countries like Angola or Mozambique generating debt repayment difficulties, negotiations are underway, with the engagement of China and private lenders.
Angola
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".
Angola
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.
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