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Angola
18 July 2022

Monetary Authority of Macau enters financial supervision agreement with Banco Nacional de Angola

The Monetary Authority of Macau (AMCM) and the National Bank of Angola (BNA) have entered an agreement in the area of ​​financial supervision.
China
14 July 2022

No divestment in Portugal foreseen, Fosun chairman says

Fosun chairman Guo Guangchang says “no divestment is foreseen in Portugal”, where the company owns multiple assets, including in banking and insurance.
Angola
12 July 2022

African governments owe three times more debt to private lenders than China

African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research by Debt Justice.
Angola
28 June 2022

Angola’s debt to China drops to USD 21.4 billion

Angola's debt to China fell by USD 351 million in the first quarter, to USD 21.4 billion, according to data from REDD Intelligence.
Angola
01 June 2022
CLBrief_Angola_WEB

Legal Update/ Angola: Banking and Non-Banking Financial Institutions

Angolan authorities have reviewed the minimum regulatory capital and equity applicable to Banking and Non-Banking Financial Institutions (NBFI) linked to currency and credit, according to official legal database Legis-PALOP+TL.
Angola
18 May 2022
CLBrief_Angola_WEB

Legal Update/ Angola: Non-Banking Financial Institutions

Angola has revised requirements and procedures for the authorization to set up Non-Banking Financial Institutions linked to currency and credit, according to official legal database Legis-PALOP+TL. 
Brazil
17 May 2022

China prioritizing commercial loans for its companies’ projects in Brazil

China is prioritizing commercial loans for its companies' projects in Brazil and other Latin American countries, not issuing any state-to-state loans over the past two years.
Angola
11 May 2022

Legal Update/ Angola: New Tax Benefits Code

Angola´s Tax Benefits Code will enter into force on May 14, including new benefits for investment, according to official legal database Legis-PALOP+TL.
Angola
14 April 2022

China’s first tax cooperation office for Portuguese-Speaking Countries opens in Hengqin 

A tax cooperation office for Portuguese-speaking countries (PSC) and regions – the first ever to be established in China – has opened for business in the taxation bureau of the Guangdong-Macao Intensive Cooperation Zone in Hengqin.
Angola
13 April 2022

Portuguese State Bank Caixa Geral de Depósitos Committed to Angolan Market

The Portuguese state banking group Caixa Geral de Depósitos (CGD) will continue supporting infrastructure construction projects in Angola, its CEO Paulo Macedo said in Luanda.
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