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China
23 November 2020

Development of Financial Services Platform in Macau Demands Specialized Staff 
The development of a financial services platform in Macau, able to offer new services such as credit insurance, will demand 'many' specialized staff and training, according to economist Rodrigo Brum. 
Angola
23 November 2020

China Suspends USD 2.1 billion of Debt Service Payments from 23 Poor Countries
China has suspended USD 2.1 billion of debt service payments from 23 indebted poor countries, to assist the fight against the coronavirus pandemic, in line with the Group of Twenty (G20), which includes Angola.
Angola
18 November 2020

Analysis: Angola Double Tax Treaties, a Gateway for Investment and for Africa
The advantages of a Double Tax Treaty in the particular case of Angola takes special importance once the country is included in the Pan-African free trade zone that intends the reduction and elimination of tariffs for goods produced in Africa.
Cabo Verde
18 November 2020

Cabo Verde Files David Chow Banking Project
Banco de Cabo Verde (BCV), the country´s central bank, has filed the authorization request for the creation of Banco Sino-Atlântico (BSA) by businessman David Chow, due to lack of response to requests for clarification.
Angola
13 November 2020

Angola Opens USD 16 Million Diplomatic Academy Financed by China
Angola´s new Venâncio de Moura Diplomatic Academy, built with financing from China worth around USD 16 million, was opened by the country´s President, as part of the official independence celebrations.
China
11 November 2020

Mozambique Not in China ‘Debt Trap’, Says Chinese Ambassador
A recent study by the Centre for Public Integrity (CPI) in Mozambique claiming the African country has fallen into a 'debt trap' due to its high indebtness to China, has now been rebutted by the Chinese ambassador and an academic.
Macao
11 November 2020

BNU Pledges “Vigorous Cooperation” for Development of Greater Bay Area
Banco Nacional Ultramarino (BNU), part of Portugal´s State-owned Caixa Geral de Depósitos (CGD) group, has pledged to "cooperate vigorously" in the development of China´s 'Belt and Road' and 'Guangdong-Hong Kong-Macau Greater Bay Area' projects.
Brazil
16 October 2020

Mozambique Awaiting China to Answer Call for Debt Relief
Mozambique is awaiting an answer from China regarding a debt relief request, on a total debt load worth 1.3 billion, the African country´s Economy and Finance Minister, Adriano Maleiane, has revealed.
China
14 October 2020

Bison Bank´s Portugal Unit Open to New Strategic Partners
Hong Kong´s Bison Bank  is open to new "strategic partners" in its investment bank in Portugal, where it has already invested EUR 5.7 million euros of a EUR 19 million capital increase mandated by the central bank.
Angola
13 October 2020

Angola Joins Calls for Extension to 2021 of G-20 Debt Service Suspension Initiative
Angola is joining other African nations in calling for an extension to 2021 of the G-20 Initiative for Suspending Debt Service (DSSI), due to the economic and financial crisis caused by the Covid-19 pandemic. 
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