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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.
Macao
11 February 2021
BNU Bank Financial Performance “Robust” Despite Challenging Macao Market
Despite a challenging Macau banking market, hit by a sharp drop in Tourism and Gaming income, Banco Nacional Ultramarino´s financial performance was "robust" in 2020, the bank announced.
Angola
09 February 2021
China ‘Willing to Renegotiate’ Angolan Debts to Avoid Default
China will be willing to renegotiate' Angolan debts to avoid default by the African country, according to the Economist Intelligence Unit (EIU).
Guinea-Bissau
04 February 2021
Guinea-Bissau to Request IMF-Monitored Program
The covid-19 pandemic has disrupted economic activity and public finances in Guinea-Bissau and the country is expected to need an International Monetary Fund (IMF) program soon.
Angola
03 February 2021
Debt Restructuring With China Supported Angolan External Balance
Angola´s debt restructuring with Chinese creditors was one of the key factors putting off pressures on the country´s external balance, according to analysts at Angolan bank BFA
Brazil
02 February 2021
Development Bank of Latin America Raises EUR 1.25Bi for Regional Economic Stimulus
The Development Bank of Latin America (CAF), which includes Brazil and Portugal, has raised 1.25 billion euros to finance projects in countries hit by the coronavirus pandemic.
Angola
26 January 2021
Portugal and Brazil Economies Recover in 2021 – UN
All Portuguese-speaking economies are expected to recover this year, including the two largest, Portugal and Brazil, according to the United Nations Department for Economic and Social Affairs (UNDESA).
Angola
18 January 2021
China Sonangol International Privatization Set for 2021
Angola's State oil company Sonangol is set to sell this year its stakes in several foreign-based companies, including China Sonangol International Holding (CSIH).
China
15 January 2021
China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
Angola
13 January 2021
Angola Gets USD 487.5 million from IMF and 3-Year Payment Relief From China
Angola has secured three years of payment relief from Chinese creditors, while the International Monetary Fund released an additional USD 487.5 million financing for the African country.
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