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Cabo Verde
19 June 2020

Business Opportunities: Cabo Verde

Several business opportunities in the construction sector are currently active in Cabo Verde, according to local authorities.
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
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
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.
Cabo Verde
29 May 2020

Business Opportunities: Cabo Verde

Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and foreign representations.
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.
Cabo Verde
12 May 2020

Chinese Companies in Cape Verde Contribute to Health Emergency Fund

The local Association of Chinese Companies donated on Monday 6.5 million escudos (EUR 59 thousand) to the country, which will be channeled to the National Emergency Fund to fight the new coronavirus pandemic. The local government has praised Chinese support, from companies and the State.
Cabo Verde
11 May 2020

Business Opportunities: Cabo Verde

Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and municipalities.
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".
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