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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.
Portugal
06 April 2021

EUR 3.8 billion Budget Impact for Portugal From Pandemic

Furloughs, health expenses and other measures to support Portugal´s economy and respond to the covid-19 pandemic penalised worsened the budget balance by EUR 3.8 billion, according to government data.
Cabo Verde
25 March 2021

Japan Supports Artisanal Fishing in Cabo Verde With EUR 2.3 Million

Cabo Verde will receive EUR 2.3 million from the Japanese government to support artisanal fishing, including for the purchase of cold storage equipment for fish conservation through renewable energies.
China
22 March 2021

China´s CCCC Clears Another Hurdle for Mota-Engil Buy

Mota-Engil's shareholders approved an amendment to the company bylaws that eliminates the possibility of China Communications Construction Company (CCCC) having to launch a takeover bid in its deal to buy a stake in the largest Portuguese construction company.
China
22 March 2021

Mozambique Granted USD 38 million Debt Pardon From China

Mozambique will have debts of 244.6 million yuan (US $ 38 million) forgiven by China, under an agreement between the two governments to support the fight against covid-19 in the African country.
Angola
16 March 2021

Lusophone African Economies Resume Growth in 2021

The economies of Portuguese-speaking Africa are all expected to recover from last year's losses and resume growth in 2021, with Cabo Verde and Angola the most dynamic, according to the African Development Bank (AfDB).
Angola
09 March 2021

Oil Price Rise Could Lead Angola to Budget Surplus

The recent oil price rise could lead Angola to a budget surplus this year, instead of a projected deficit, according to Eaglestone Securities.
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