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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.
Angola
27 June 2021

Angola Asks China for Greater ‘Flexibility’ in Use of Fund for Portuguese-Speaking Countries

Angola is asking China for greater 'flexibility' in access to its fund for Portuguese-Speaking Countries, in order to make it more active in financing projects.
China
24 June 2021

China’s FDI in Europe Falls to 10-year Low, Greenfield Investment Grows

China’s foreign direct investment (FDI) in Europe continued to fall last year, to a 10-year low, while greenfield Chinese investment climbed, according to a new report by Rhodium Group and MERICS.
Angola
17 June 2021

Hong Kong´s Standard Chartered Bank to Finance USD 910 million Angola Water Project

Hong Kong´s Standard Chartered Bank will participate in the financing of a USD 910 million water supply project in Angola.
Mozambique
16 June 2021

Banking Activity in Mozambique to Remain ‘Challenging’

Banking activity in Mozambique is set to remain 'challenging', due to the economic difficulties in the African country, according to a new report.
Angola
15 June 2021

Angola Asks For Extension of Debt Service Moratorium Until End-2021

The Angolan government has requested its sovereign partners of the G20 to put on hold the service of non-guaranteed bilateral debt, from 1 July to 31 December 2021.
Brazil
02 June 2021

Brazil GDP to Grow Above 5.0% in 2021 As Economy Restarts

Brazil's GDP is now expected to grow above 5.0% in 2021, owing to a gradual reopening of the economy, renewed fiscal stimulus, and recovering consumer and business confidence.
China
02 June 2021

China Debt Relief to Mozambique Topped USD 20 Million

Debt relief to Mozambique by China, under the Debt Service Suspension Initiative (DSSI), topped USD 20 million last year, the largest the African country was granted.
Angola
13 May 2021

Sub-Saharan Africa Recovery Slowed by Weak State of Public Finances

The recovery of sub-Saharan African sovereigns from the pandemic shock last year is underway, but it is slowed by the weak state of public finances, Fitch Ratings says.
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