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Angola
11 April 2021

IMF Improves Forecasts for Cabo Verde and Brazil, With High Ucertainty
Cabo Verde is expected to grow 5.8% this year, more than previously forecast and above the average for sub-Saharan Africa, according to the International Monetary Fund (IMF), which also improved its outlook for Brazil, while worsening for Portugal and Angola.
Portugal
06 April 2021

EUR 3.8 billion Budget Impact for Portugal From Pandemic
Furloughs, health expenses and other measures to support Portugal´s economy and respond to the covid-19 pandemic penalised worsened the budget balance by EUR 3.8 billion, according to government data.
Cabo Verde
25 March 2021
CLBrief: Aerial view of Praia

Japan Supports Artisanal Fishing in Cabo Verde With EUR 2.3 Million
Cabo Verde will receive EUR 2.3 million from the Japanese government to support artisanal fishing, including for the purchase of cold storage equipment for fish conservation through renewable energies.
China
22 March 2021

China´s CCCC Clears Another Hurdle for Mota-Engil Buy
Mota-Engil's shareholders approved an amendment to the company bylaws that eliminates the possibility of China Communications Construction Company (CCCC) having to launch a takeover bid in its deal to buy a stake in the largest Portuguese construction company.
China
22 March 2021

Mozambique Granted USD 38 million Debt Pardon From China
Mozambique will have debts of 244.6 million yuan (US $ 38 million) forgiven by China, under an agreement between the two governments to support the fight against covid-19 in the African country.
Angola
16 March 2021

Lusophone African Economies Resume Growth in 2021
The economies of Portuguese-speaking Africa are all expected to recover from last year's losses and resume growth in 2021, with Cabo Verde and Angola the most dynamic, according to the African Development Bank (AfDB).
Angola
09 March 2021

Oil Price Rise Could Lead Angola to Budget Surplus
The recent oil price rise could lead Angola to a budget surplus this year, instead of a projected deficit, according to Eaglestone Securities.
São Tomé e Príncipe
02 March 2021

VAT Tax and Energy Sector Reforms “Crucial” for São Tomé – IMF
The launch of a Value-Added Tax (VAT) and energy sector reforms will be "crucial" for São Tomé e Príncipe for post-pandemic recovery, according to the International Monetary Fund (IMF).
Angola
17 February 2021

Japan Loans USD 668 million to African Development Bank Fund
Japan had signed a 73.6 billion yen (USD 668 million) loan agreement to help replenish the the African Development Bank´s (AfDB) main development fund.
Brazil
15 February 2021

Brazil Gets USD 1 billion From BRICS Bank to Fight Coronavirus
A development bank run by the BRICS group of major developing nations has disbursed $1 billion to help fund the Brazilian government’s fight against the COVID-19 pandemic.
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