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Portugal
30 September 2020

Former Prime Minister of Portugal to Chair Global Vaccine Alliance

José Manuel Barroso, former Prime Minister of Portugal and President of the European Commission, will be the new Chair of the Global Vaccine Alliance (Gavi) board, beginning in January 2021. 
Mozambique
14 September 2020

Mozambique´s GDP to Fall 3.8% in 2020 – Economist Intelligence Unit

Mozambique´s GDP should fall 3.8% in 2020, owing to the impact of the Covid-19 pandemic, according to the Economist Intelligence Unit (EIU), which has revised the forecast upwards.
Brazil
20 August 2020

Post-Pandemic Economic Recovery Hard for Brazil – Study

Brazil is one of the Group of 20 major economies (G-20), facing a more difficult economic recovery, according to Verisk Maplecroft’s Recovery Capacity Index.

 

The newly-released index measures more than a dozen factors which either underpin or undermine a recovery from a crisis, including Covid-19 caseloads, but also underlying governance issues and weaker institutions, in Brazil´s case identified as impediments to long-term

Mozambique
17 August 2020

Mozambique Set for 4.4% GDP Drop in 2020 and “Modest” Recovery Next Year – EIU

The impact of the Covid-19 pandemic will "weigh heavily" on Mozambique´s economy, with real GDP contracting by 4.4% in 2020, before recovering slowly to a growth of 1% in 2021, according to the Economist Intelligence Unit (EIU).
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
28 July 2020

Business Environment Improvement “Critical” for Economic Recovery in Southern Africa

The COVID-19 pandemic in Southern Africa could lead to a fall of 4.9% in economic output in the region in 2020, and an improvement in business environment will be critical for the recovery, according to the African Development Bank (ADB).
China
21 May 2020

Project Supported by China to Bring Digital Satellite TV to 20,000 families in Mozambique

The Government of Mozambique announced the conclusion of a project to bring digital satellite television signal to 1,000 villages in the in the northern province of Cabo Delgado, which is estimated to benefit over 20,000 families.  Covering all the ten provinces and the capital city of Mozambique, the project was co-funded by China and implemented by the Chinese electronics and media company StarTimes.
Angola
20 May 2020

China Aiming to Strengthen “Strategic Ties” to Angola

Gong Tao, ambassador of China to Angola, is confident debt negotiations between the two countries will be successful, and that bilateral relations will actually emerge stronger from the current hardship. In an interview published in Angola, marking his first year as ambassador, he reveals the foreign ministers of the two countries spoke on the phone on 11 May, and vowed to strengthen “strategic ties”. 
Angola
20 April 2020

Angolan Exports to China Take a Hit

With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit. 
Mozambique
13 March 2020

Importance of trade with China exposes Mozambique to impact of Covid-19

The Bank of Mozambique conducted an assessment of potential damages to Mozambique economy of the impact of COVID-19, and the prospects are worrisome.
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