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São Tomé e Príncipe
02 March 2021

VAT Tax and Energy Sector Reforms “Crucial” for São Tomé – IMF

The launch of a Value-Added Tax (VAT) and energy sector reforms will be "crucial" for São Tomé e Príncipe for post-pandemic recovery, according to the International Monetary Fund (IMF).
Angola
17 February 2021

Japan Loans USD 668 million to African Development Bank Fund

Japan had signed a 73.6 billion yen (USD 668 million) loan agreement to help replenish the the African Development Bank´s (AfDB) main development fund.
Brazil
15 February 2021

Brazil Gets USD 1 billion From BRICS Bank to Fight Coronavirus

A development bank run by the BRICS group of major developing nations has disbursed $1 billion to help fund the Brazilian government’s fight against the COVID-19 pandemic.
Macao
11 February 2021

BNU Bank Financial Performance “Robust” Despite Challenging Macao Market

Despite a challenging Macau banking market, hit by a sharp drop in Tourism and Gaming income, Banco Nacional Ultramarino´s financial performance was "robust" in 2020, the bank announced.
Angola
09 February 2021

China ‘Willing to Renegotiate’ Angolan Debts to Avoid Default

China will be willing to renegotiate' Angolan debts to avoid default by the African country, according to the Economist Intelligence Unit (EIU). 
Guinea-Bissau
04 February 2021

Guinea-Bissau to Request IMF-Monitored Program

The covid-19 pandemic has disrupted economic activity and public finances in Guinea-Bissau and the country is expected to need an International Monetary Fund (IMF) program soon.
Angola
03 February 2021

Debt Restructuring With China Supported Angolan External Balance

Angola´s debt restructuring with Chinese creditors was one of the key factors putting off pressures on the country´s external balance, according to analysts at Angolan bank BFA
Brazil
02 February 2021

Development Bank of Latin America Raises EUR 1.25Bi for Regional Economic Stimulus

The Development Bank of Latin America (CAF), which includes Brazil and Portugal, has raised 1.25 billion euros to finance projects in countries hit by the coronavirus pandemic.
Angola
26 January 2021

Portugal and Brazil Economies Recover in 2021 – UN

All Portuguese-speaking economies are expected to recover this year, including the two largest, Portugal and Brazil, according to the United Nations Department for Economic and Social Affairs (UNDESA).
Angola
18 January 2021

China Sonangol International Privatization Set for 2021

Angola's State oil company Sonangol is set to sell this year its stakes in several foreign-based companies, including  China Sonangol International Holding (CSIH).
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