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China
06 January 2021
New Chinese-built USD 330 million Cement Plant Starts up in Mozambique
The new Chinese-built cement production plant in Matutuíne district, Mozambique's Maputo province, began tests this week and will start production in February.
Angola
06 January 2021
Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021
Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.
Angola
14 December 2020
Angola Calls for Chinese Investment in Renewable Energy and Manufacturing
Angola is seeking Chinese investment in solar energy, wind power and biodiesel, as well as in electrical components and hardware manufacturing, the country´s ambassador to China has said.
Angola
08 December 2020
Angolan Rare Earths to be Processed in the UK
Australian miner Pensana has selected Saltend Chemicals Park to install a rare earths industrial facility that will process raw material from Angola´s Longonjo mine, whose development is supported by China Great Wall Industry.
Mozambique
06 December 2020
South-Korean Industrial Group POSCO Looking for Stakes in Mozambique Mines
South-Korean industrial group POSCO is considering buying stakes in graphite mines in Australia and Mozambique, to reduce its reliance on China for the material.
Brazil
03 December 2020
Brazil´s Vale Production Bellow Forecast, as Demand from China Soars
The lowering of iron ore output forecasts by Brazilian miner Vale, the world´s biggest global producer of the material, led to a seven-year high on prices Wednesday.
Brazil
02 December 2020
Hong Kong´s China Development Integration to Invest USD 200 million in Brazil
Hong Kong-based China Development Integration Limited (CDIL) group is set to invest USD 200 million in Brazil, through a local investment fund.
Brazil
02 December 2020
Brazil’s Petrobras Exports to China Set for Future Growth
Brazil’s Petrobras projects a surge in oil exports, including to China, its main market, and is looking to diversify sales in Asia, according to the President of the state-owned company, Roberto Castello Branco.
China
30 November 2020
China´s CCC to Pay EUR 169.4 Million for Portuguese Builder Mota-Engil
Portuguese construction company Mota-Engil rallied on the stock exchange last Friday, after the conclusion of a strategic partnership and investment agreement with China Communications Construction Company (ACPC).
China
20 November 2020
Sino Energy Planning to Buy Cement Plant in Northern Mozambique
China-based Sino Energy has signed a non-legally-binding memorandum of understanding with Hong Kong Construction Group in which it agreed to buy a 65% stake in a 0.4Mt/yr cement plant in Pemba, capital of Mozambique´s Cabo Delgado Province.
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