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Angola
13 November 2023

IMF Warns China’s Slowdown Will Hit Angola and Other Sub-Saharan African Countries
A one percentage point decline in China’s growth rate could reduce average growth in sub-Saharan Africa by about 0.25 percentage points within a year, and as much as 0.5 percentage points in Angola, according to the International Monetary Fund.
Brazil
09 November 2023

China International Capital Corp Looks at Brazil for Expansion
Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and may consider opening an office in the country, Lindsay Lin, CICC's Head of Americas, said.
Brazil
23 October 2023

Xi Says Belt and Road Initiative “Highly Compatible” With Brazil’s Re-industrialization
Chinese President Xi Jinping said that the Belt and Road Initiative is highly compatible with Brazil's re-industrialization policy.
Angola
09 October 2023

Portuguese-Speaking Countries Business Confederation Meets Macau Association of Banks
The head of the Portuguese-Speaking Countries (PSC) Business Confederation, Wu Zhiwei, met with the Macau Association of Banks (MAB) to coordinate on supporting the development of a comprehensive service platform in Macao.
Brazil
06 October 2023

China, Brazil Trade in Local Currencies for First Time
China and Brazil completed a commercial deal in their local currencies for the first time, with transactions financed and settled in renminbi (RMB) and converted directly into Brazilian reals, according to the Bank of China Brazil SA.
China
26 September 2023

Chinese EV Company U Power to Build Charging and Battery Replacement Stations in Portugal
Chinese company U Power Limited will build charging and battery replacement stations for electric vehicles (EV) in Portugal in partnership with Portuguese fund manager Magnify Capital Partners.
Brazil
31 August 2023

Chinese Investments in Brazil Fell 78% in 2022
Chinese investments in Brazil fell 78 % in 2022, to USD 1.3 billion, the lowest value since 2009, according to a new report, which points the cause to delays in Government licenses.
Angola
30 August 2023

Afreximbank and China Development Bank sign USD 400 million Loan to Support African SMEs
China Development Bank (CDB) signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a USD 400 million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa.
Mozambique
06 June 2023

Mozambican banking sector profits jump 44% with economy speeding up
The Mozambican banking sector faced an improvement in domestic economic growth in 2022 and saw profits jump 44% due to healthy margins and lower provisions, according to Eaglestone Securities.
Angola
31 May 2023

African Development Bank to manage in Angola USD 50 million credit facility provided by China
The African Development Bank (BAD) will manage a USD 50 million credit facility provided by China for a project in Angola, with a total cost of USD 125 million.
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