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Brazil
31 August 2023

Chinese Investments in Brazil Fell 78% in 2022

Chinese investments in Brazil fell 78 % in 2022, to USD 1.3 billion, the lowest value since 2009, according to a new report, which points the cause to delays in Government licenses.
Angola
30 August 2023

Afreximbank and China Development Bank sign USD 400 million Loan to Support African SMEs

China Development Bank (CDB) signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a USD 400 million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa.
Mozambique
06 June 2023

Mozambican banking sector profits jump 44% with economy speeding up

The Mozambican banking sector faced an improvement in domestic economic growth in 2022 and saw profits jump 44% due to healthy margins and lower provisions, according to Eaglestone Securities.
Angola
31 May 2023

African Development Bank to manage in Angola USD 50 million credit facility provided by China

The African Development Bank (BAD) will manage a USD 50 million credit facility provided by China for a project in Angola, with a total cost of USD 125 million.
China
22 May 2023

China invested USD 1 billion in Mozambique since 2017

China has invested around USD 1 billion in Mozambique, mainly in infrastructure, since 2017, according to the African country´s Government.
China
15 May 2023

Europe becomes “key part of China’s global electric vehicle expansion”

Chinese investment in Europe (EU-27+UK) continued its multi-year decline in 2022, with the continent becoming a "key part of China’s global electric vehicle expansion", according to german think-tank MERICS.
Brazil
02 May 2023

Energy China International to invest USD 10 billion in Brazil

Energy China International has committed to investing USD 10 billion in Brazil, according to the Brazilian Ministry of Mines and Energy.
Cabo Verde
26 April 2023

Legal Update/Cabo Verde: National Strategy for the Prevention and Combat of Money Laundering

Cabo Verde has approved a National Strategy for the Prevention and Combat of Money Laundering, the Financing of Terrorism and the Financing of the Proliferation of Weapons of Mass Destruction, according to official legal database Legis-PALOP+TL.
Portugal
24 April 2023

EDP closes USD 750 million loan facility deal “strengthening” commitment to Asia-Pacific

EDP has announced the closing on a loan facility deal worth Singapore Dollar (SGD) 1 billion (USD 750 million) in "strengthening" its commitment to the Asia-Pacific region.
Brazil
17 April 2023

ICBC Brazil processes first cross-border RMB settlement transaction

Industrial and Commercial Bank of China (Brazil) Ltd said it has successfully processed its first cross-border renminbi settlement transaction.
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