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Angola
12 October 2020

Analysis: China and Africa in the Age of Covid-19

Yes, the new age of China-Africa relations will be made of painstaking debt talks. But China´s capital in Africa - both financial and diplomatic - is unrivaled.
China
09 October 2020

BNU and Bank of China to Remain as Macao Bank Notes Issuers Until 2030

Bank of China, Limited and Banco Nacional Ultramarino, S.A., will remain, until 2030, the issuers of Macao currency, under new agency contracts for the issuance of banknotes, signed today.
Angola
29 September 2020

Angola Expected to Get Financial Relief From China

Having obtained financial relief from G20 countries, Angola should also have similar support from China, in light of its difficulties in dealing with official debtload as the economy heads downwards, the Economist Intelligence Unit (EIU) says.
Angola
21 September 2020

Angola’s Debt to China Estimated at USD 20.1 billion

Angola's debt to China is estimated at USD 20.1 billion, and is the country's largest creditor, said Finance Minister Vera Daves Friday.
Angola
17 September 2020

Angola Gets Additional USD 765 million from IMF

Angola is to get an additional USD 1.765 billion from the International Monetary Fund (IMF), to assist in dealing with economic and health crises, compounded by the decline in oil prices due to the country´s dependence on oil exports.
Mozambique
14 September 2020

Mozambique´s GDP to Fall 3.8% in 2020 – Economist Intelligence Unit

Mozambique´s GDP should fall 3.8% in 2020, owing to the impact of the Covid-19 pandemic, according to the Economist Intelligence Unit (EIU), which has revised the forecast upwards.
Angola
02 September 2020

Angola to Benefit From Debt Service Suspension Initiative

The Paris Club Creditor Countries have deemed Angola eligible for a suspension of debt service due from 1st May to 31st December 2020, under the Debt service suspension Initiative (DSSI) also endorsed by the G20.
Angola
24 August 2020

Drop in Exports and Investment sink Angolan Currency – EIU

The Angolan currency will sink more than expected in 2020, because of the drop in the country´s export revenue and investment inflows, adding to the unravelling of the International Monetary Fund´s program, according to the Economist Intelligence Unit (EIU).
Mozambique
17 August 2020

Mozambique Set for 4.4% GDP Drop in 2020 and “Modest” Recovery Next Year – EIU

The impact of the Covid-19 pandemic will "weigh heavily" on Mozambique´s economy, with real GDP contracting by 4.4% in 2020, before recovering slowly to a growth of 1% in 2021, according to the Economist Intelligence Unit (EIU).
China
13 August 2020

China Three Gorges Increases Stake in Portugal´s EDP

China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder. 
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