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Angola
13 April 2020

Angolan President “rejuvenates” Government in the middle of economic crisis
Angolan president João Lourenço has decided to make changes in the Government and the Presidency, naming new ministers for Foreign Affairs and Defense. Some of the appointments are generating controversy, especially that of an MPLA leader accused for participating in a Thai-led scheme to embezzle state funds.
Angola
06 April 2020

Support grows for African countries’ call for urgent debt relief
The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China. 
Angola
03 April 2020

Angola, Mozambique and Cabo Verde among the African countries where Covid-19 will peak later
According to a study from the London School of Hygiene and Tropical Medicine (LSHTP), almost all African countries should have more than 1,000 cases by 1 May. Angola, Mozambique and Cabo Verde are among those where the number of infections is expected to peak later.
Mozambique
31 March 2020

Mozambique faces economic blow from lockdown in South Africa
With a three-week nationwide lockdown being enforced, South Africa's economy has grinded to a halt, putting neighbouring economies, including Mozambique's, into further strains amid the Coronavirus outbreak.
Macao
30 March 2020

BNU Macau “saved” a critical sale of 500 Chinese ventilators to Portugal
Last week, an order of 500 Chinese ventilators from Portugal was threatened by an offer from another country, but was saved "in extremis" by BNU bank in Macau.
China
26 March 2020

José de Mello Group takes on loan from Bank of China
Portuguese healthcare group José de Mello Saúde, which owns the private CUF hospitals and clinics has signed a financing agreement with the Bank of China in the amount of €33 million.
Mozambique
24 March 2020

African countries face Covid-19 in debt crisis, study warns
As the impact of the Covid-19 economic crisis begins to be felt in Africa, many poor countries are already suffering from a debt crisis, a research study by the Jubilee Debt Campaign (JDC) shows.
Mozambique
23 March 2020

Mozambique responds to Covid-19 with tough restrictions and pumping money into the banking system
Mozambique confirmed on Sunday it´s first Covid-19 case, after the Government announced tough new restrictions to stem the pandemia´s propagation in the country.
Mozambique
20 March 2020

EIU lowers Mozambique’s economic growth forecast for 2020
The Covid-19 outbreak led the Economist Intelligence Unit (EIU) to cut four-tenths of a percentage point, from 4.2% to 3.8%, Mozambique’s economy growth forecast for 2020, according to the latest report on the country.
Angola
19 March 2020

Covid-19 could cost African oil exporters USD 65 billion
The Covid-19 pandemic is taking a severe impact in the economies of China, Africa’s major trading partner, and also Europe and North America.
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