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Angola
01 April 2020

Covid-19 Halts Angola’s Main Diamond Mine and New Soyo Oil Refinery Tender

Sociedade Mineira de Catoca has laid off most of its workers and suspended work at its new concessions, as part of measures to prevent the spread of the new coronavirus. For the same reason, the Ministry of Mineral Resources and Oil postponed the selection of the proposal in the international public tender for the construction of an oil refinery in Soyo, Zaire province.
Angola
27 March 2020

Angolan shipyard partners with Chinese companies to build fishing vessels

Sociedade de Pescas de Kwanza Sul (Sopesul) in Angola plans to increase construction of semi-industrial fishing vessels from wood, to minimise the costs related to imports, with partners from China.
Angola
26 March 2020

Pick-up in Chinese demand keeps Angolan rare earths mining project on track

After having confirmed an investment by the Angolan Sovereign Wealth Fund, Pensana Rare Earths, the main investor, says a recent pick-up in Chinese demand ensure the project will not lose momentum.
Mozambique
26 March 2020

Syrah Resources suspends work at factory in USA but keeps operating in Mozambique

Syrah Resources has suspended work at its Vidalia factory, in the United States, following the “stay at home” order announced by the governor of Louisiana on 22 March, in order to reduce the spread of the new coronavirus, the company reported.
Brazil
26 March 2020

Vale group removes Brazilian workers from Mozambique

As the Covid-19 pandemic reaches Mozambique, Vale decides to repatriate expatriates working at its Moatize coal mine, one of Mozambique's major exporters.
Angola
19 March 2020

Covid-19 could cost African oil exporters USD 65 billion

The Covid-19 pandemic is taking a severe impact in the economies of China, Africa’s major trading partner, and also Europe and North America.
Guinea-Bissau
06 March 2020

Key Ministry in new Guinea-Bissau government

Guinea-Bissau has a new government, supported by a parliamentary majority, formed by the newly inaugurated president, Umaro Sissoco Embaló. Malam Sambu, the country’s long time ambassador to Beijing, is set to take over the key government folder of Fisheries.
Cabo Verde
28 February 2020

State financial incentives for creation of São Vicente Special Maritime Economic Zone

The Cape Verdean government's law creating the Special Maritime Economic Zone on São Vincente (ZEEMSV) has passed through parliament and the project, supported by China, is expected to begin implementation soon.
Cabo Verde
31 January 2020

New boost to Chinese-supported SEZ expected in Cabo Verde

Paulo Veiga, Cabo Verde's new minister of Maritime Economy, established on the island of São Vicente in 2018, is expected to bring new momentum and create a new economic growth engine with the Chinese-supported Special Economic Zone (SEZ) as the signature project for the sector.
Brazil
14 January 2020

Is this peak oil for Brazil?

Production is higher than ever but the latest of Brazil's oil licensing round attracted very little interest from the foreign firms, suggesting that the boom may be short-lived, unless either the government improves the investment regime or international oil prices rise substantially.
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