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Mozambique
26 June 2020

Mozambique and São Tomé e Príncipe get African Development Fund Grants

The African Development Fund (ADF) approved this week nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African Development Community (SADC) countries, including Mozambique.
Angola
25 June 2020

Angola and Mozambique Among Countries to Benefit from China’s Debt Relief

China’s debt relief efforts have the potential to add support to a number of emerging markets (EMs) under pressure from the coronavirus pandemic-related shock, says Fitch Ratings. Angola and Mozambique are among countries to benefit.
China
23 June 2020

Human Rights and Trade Issues Cast Shadow on China-EU Relations

The 22nd European Union-China bilateral Summit, on 22 June 2020, was rocked by disagreement between the two powers on human rights issues and also the european demand of a "level playing field" on trade.
Angola
22 June 2020

Angolan Privatisations and Economic Diversification Efforts Hurt by Pandemic – EIU

The Angolan Government´s ongoing drive to privatise dozens of companies and attract foreign investment to free zones will be hampered by the global economic downturn caused by the Covid-19 pandemic.
Angola
19 June 2020

African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN

The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T
Angola
18 June 2020

China Commits to Assisting African Countries Financially During Pandemic

China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping
Angola
16 June 2020

Angola Oil Revenues At 10-Year Low in May

Angola´s oil export revenues fell by almost 74% in May, to only USD 747 million. According to Government data, this was the lowest figure since the beginning of the statistical series, in 2009.
Angola
09 June 2020

China Delays Debt Repayments for 77 Low-Income Countries

The Chinese government said it has agreed to delay debt repayments for low-income countries, as part of the Group of 20 nations debt relief program.
China
07 June 2020

China is Mozambique´s Main Creditor

Nearly 40 per cent of Mozambique´s debt is owed to China, according to the most recent data from the Mozambican Ministry of Economy and Finance (MEF).
Hong Kong
04 June 2020

Bank of Portugal Mandates Bison Bank to Increase Capital

Bison Bank shareholders will have to inject 19 million euros into the bank until the end of this month, by determination of Banco de Portugal, the country´s central bank. 
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