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Angola
06 December 2020

African Continental Free Trade Area Trading to Start January 2021

African leaders at a summit Saturday approved that trading should start on 1 January next year as scheduled on the African Continental Free Trade Area (AfCFTA) agreement and requested.
China
23 October 2020

Former Macao Forum Secretary-General To Be China’s Ambassador to São Tomé

The former Secretary-General of the Forum for Economic and Trade Co-operation between China and Portuguese-Speaking Countries (Macao Forum), Xu Yingzhen, will be China's next ambassador to São Tomé, CL Brief has learned.
Angola
17 August 2020

Portuguese-Speaking Countries Legislation Now Available in Chinese

The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
Angola
13 August 2020

Economic Commission for Africa Urges China to Support Debt Relief

The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
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
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.
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.
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".
Angola
04 May 2020

Announcement: Your New and Improved CLBrief Newsletter

Starting May 5th, a new and improved CL Brief e-mail newsletter will be available to all its readers, with timely, reliable and relevant information about business issues regarding the Portuguese-Speaking Countries (PSCs), China and other Asian economies.
Cabo Verde
04 May 2020

São Tomé, Cabo Verde and Timor-Leste Among Countries More Vulnerable to Tourism Downfall

Countries that rely on Tourism for economic growth are set to be some of the most affected in the near future. Among them is Cabo Verde, Sao Tome e Principe and, to a lesser extent, Timor-Leste, according to the United Nations Conference on Trade and Development (UNCTAD). 
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