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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). 
Brazil
28 February 2023

Tencent markets new game in Brazil for first time outside China

Tencent Games will be bringing their previously Chinese market only MOBA, Honor of Kings, to non-Chinese markets, beginning with a release in Brazil.
Brazil
28 February 2023

Brazilian meat exports to China expected to resume in April

The suspension of bovine meat exports from Brazil to China should last until April, and losses to the sector are expected by industry experts to be limited.
Brazil
28 February 2023

Chinese and Brazilian manufacturers plan to collaborate on solar energy

SEMP TCL, a Sino-Brazilian electronics joint venture formed in 2016, is looking to diversify into the photovoltaic sector.
Angola
27 February 2023

Macao government chief expects Macao Forum ministerial conference in 2023 after 4-year postponement

Macao government chief Ho Iat Seng expects the sixth ministerial conference of the Macao Forum, postponed since 2019, to be held this year.
China
27 February 2023

Chinese ambassador in Portugal visits Quinta da Marmeleira winery

Chinese ambassador to Portugal Zhao Bentang visited the Quinta da Marmeleira winery in the outskirts of the Portuguese capital, an investment by Wu Zhiwei, a leading entrepeneur from Macau.
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