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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.
Cabo Verde
28 April 2021

New IMF Programme for Cabo Verde to be Approved by Mid-2021

A new International Monetary Fund (IMF) programme for Cabo Verde is to be approved by mid-2021, supporting post-pandemic economic recovery, the Economist Intelligence Unit (EIU) estimates.
Brazil
21 April 2021

Brazil Follows China´s Footsteps to Create Digital Currency

The Brazilian Central Bank (BC) has announced progress in the launch of the country´s digital currency, following the footsteps of China´s "e-yuan".
Brazil
13 April 2021

China Development Integration Limited Partnering With Brazilian Business Mogul

China Development Integration Limited (CDIL), based in Hong Kong, is partnering with Brazilian business mogul Eike Batista for investments in Brazil, from mining to infrastructure.
Angola
11 April 2021

IMF Improves Forecasts for Cabo Verde and Brazil, With High Ucertainty

Cabo Verde is expected to grow 5.8% this year, more than previously forecast and above the average for sub-Saharan Africa, according to the International Monetary Fund (IMF), which also improved its outlook for Brazil, while worsening for Portugal and Angola.
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