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Angola
15 April 2020

OPEC Deal Adds to Angola´s Woes
The agreement between the Organization of Petroleum Exporting Countries (OPEC) and non-member countries (OPEC+) means Angola should cut oil production to around 1.1 million barrels per day. And the announcement has not sustained oil prices in the international markets.
China
08 April 2020

China’s CNPC Natural Gas Project in Mozambique Delayed
The final investment decision for the Rovuma LNG natural gas project, in Mozambique, which was scheduled for this year, has been postponed, announced US group ExxonMobil, that partners with China National Petroleum Corporation (CNPC) for the project. The decision is part of the measures to respond to the economic consequences of the Covid-19 pandemic.
Angola
01 April 2020

Covid-19 Halts Angola’s Main Diamond Mine and New Soyo Oil Refinery Tender
Sociedade Mineira de Catoca has laid off most of its workers and suspended work at its new concessions, as part of measures to prevent the spread of the new coronavirus. For the same reason, the Ministry of Mineral Resources and Oil postponed the selection of the proposal in the international public tender for the construction of an oil refinery in Soyo, Zaire province.
Angola
26 March 2020

Pick-up in Chinese demand keeps Angolan rare earths mining project on track
After having confirmed an investment by the Angolan Sovereign Wealth Fund, Pensana Rare Earths, the main investor, says a recent pick-up in Chinese demand ensure the project will not lose momentum.
Brazil
26 March 2020

Vale group removes Brazilian workers from Mozambique
As the Covid-19 pandemic reaches Mozambique, Vale decides to repatriate expatriates working at its Moatize coal mine, one of Mozambique's major exporters.
Mozambique
24 March 2020

ExxonMobil postpones final decision on investment in gas project in Mozambique
The ExxonMobil group is expected to postpone approval of its natural gas project in the Rovuma basin, northern Mozambique, due to the effects of the new coronavirus and the current scenario on international markets, the Reuters news agency reported citing a variety of sources.
Cabo Verde
23 March 2020

Equatorial Guinea Strengthens Ties With São Tomé and Príncipe and Cabo Verde
Equatorial Guinea, the most recent member of the community of Portuguese countries (CPLP), and with close ties to China, continues to strengthen its ties with lusophone countries.
Uncategorized
22 March 2020

Group from China invests in production of electricity meters in Angola
Hengye Electronics Indústria, Ltda, a subsidiary of Chinese group Zheijian Hengye Electronics Co. Ltd, will invest around US$20 million in the construction of a factory to produce electricity meters in the Luanda-Bengo special economic zone (SEZ).
Guinea-Bissau
17 March 2020

Sinohydro Corp builds a solar plant in Guinea-Bissau
China’s Sinohydro Corporation has been awarded the tender launched in 2019 to build a photovoltaic solar plant in Gardete, in Guinea-Bissau, with an installed capacity of 20 megawatts.
Timor-Leste
11 March 2020

Legal Flash: Timor-Leste amends Petroleum Activities Law
Timor-Leste's revised Law on Petroleum Activities has just been published. It amends 15-year old legislation regulating an economic activity that is the country´s main source of income. The awarding of exploration under a new licensing round is expected.
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