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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.
Angola
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries

Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
Angola
21 April 2020

Macau Government Reaffirms Commitment to Portuguese-Speaking Countries

The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
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. 
Angola
16 April 2020

Mozambique the Exception Among Lusophone Africa Economies in the “Red”

Like the rest of the continent, macroeconomic forecasts for Lusophone African countries are now all “in the red” ⁠— with the exception of Mozambique.
Angola
06 April 2020

Support grows for African countries’ call for urgent debt relief

The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China. 
Angola
01 April 2020

Lusophone Africa geared up for Coronavirus with donations from Jack Ma

In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
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