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Angola
12 October 2021

‘Challenging’ Business Environment For Banks in Angola

Banks in Angola face a challenging business environment, but continue to show some resiliency in terms of solvency levels, according to an analysis by Eaglestone Securities.
Portugal
17 September 2021

Insurance and Banking Revenues in Portugal Nearly 12% of Fosun Turnover

Revenues of Lisbon-based insurance group Fidelidade were 11.9% of the 70.4 billion yuan RMB (EUR 9.25 billion) of the Fosun conglomerate's turnover in the first half of the year.
Angola
30 August 2021

Chinese Banks Grant Angola Debt Service Moratorium

Chinese banks have granted Angola an extension of the debt service moratorium, the Chinese ambassador to the African country said.
Angola
12 August 2021

Angolan Banking and Insurance Draws Chinese Attention

Chinese businessmen have shown interest in the privatization in Angola of BCI bank and insurance company ENSA. 
Brazil
11 August 2021

Chinese Investments in Brazil Worth USD 1.9 billion in 2020, 74% Less

Chinese investments in Brazil plummeted 74% last year, to USD 1.9 billion, the lowest level in six years, according to a survey by the Brazil-China Business Council.
Angola
09 August 2021

Angola Calls for Chinese Investment

Angola's finance minister has called on over 100 businessmen from China to invest in the African country, ensuring a climate of "friendship and strategic cooperation".
China
27 July 2021

China Willing to Expand Projects With Portugal in Energy, Finance and Infrastructure

China is willing to expand projects with Portugal in the fields of energy, finance and infrastructure, as well as strengthen cooperation in scientific and technological innovation, according to Foreign Minister Wang Yi.
Angola
20 July 2021

China-backed Asian Infrastructure Investment Bank OKs First Sub-Saharan Africa Project

The China-backed Asian Infrastructure Investment Bank (AIIB) has approved its first project in sub-Saharan Africa.
Timor-Leste
08 July 2021

Timor-Leste 2021 GDP Forecast Raised to 4% by EIU

Timor-Leste's GDP growth forecast for 2021 has been raised by the Economist Intelligence Unit (EIU), to 4%, from 2.5% previously, owing to the performance of the oil sector.  
Brazil
06 July 2021

Brazil’s Largest Crypto Exchange Gets USD 200 million Investment From Japan’s SoftBank

Japan's SoftBank Group Corp has invested USD 200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America.
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