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Angola
07 March 2023

Legal Update/Angola: Mining sector foreign exchange regime
Angola has updated its foreign exchange regime for to the Mining Sector, according to official legal database Legis-PALOP+TL. 
Brazil
07 March 2023

Brazil expects resumption of beef exports to China in March
Brazil´s Ministry of Agriculture expects the resumption of beef exports to China in March, after a recent halt due to a case of mad cow disease in the state of Pará.
Hong Kong
06 March 2023

End of Portugal ‘Golden Visas’ leads to application rush in Hong Kong
Wealthy Hong Kong residents from overseas have rushed to apply for permission to live in Portugal amid fears their emigration plans could be dashed after the country said it planned to end its investment-linked visa scheme.
China
06 March 2023

Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
Brazil
06 March 2023

Brazil wants to start building a new satellite with China in 6 months
Brazil wants to start building a new Earth Resources Satellite Program (CBERS) satellite with China within six months, according to Brazilian minister of Science, Technology and Innovation Luciana Santos.
Brazil
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
Brazil
02 March 2023

Brazil wants China´s BYD to relaunch former Ford factory in Camaçari
The governor of the Brazilian state of Bahia, Jerônimo Rodrigues, confirmed that the Government is negotiating with the Chinese automaker BYD to relaunch the former Ford factory in Camaçari (BA).
Mozambique
01 March 2023

Legal Update/Mozambique: Framework for bank accounts provided by credit institutions
Mozambique has changed the legal framework for bank accounts provided by credit institutions, according to official legal database Legis-PALOP+TL.
China
28 February 2023

Millennium bcp reports 51% rise in net income to EUR 207.5 million
Millennium bcp, whose biggest shareholder is China´s Fosun, reported 51% rise in net income in 2022, to EUR 207.5 million.
China
28 February 2023

EDP Renováveis profit rises to EUR 671 million in 2022
EDP Renováveis (EDPR), the renewables subsidiary of Portugal´s EDP whose biggest shareholder is China Three Gorges, saw profit rise slightly in 2022 to EUR 671 million (USD 709.4 million). 
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