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Angola
12 January 2023

Angola to keep ‘significantly reducing’ public debt ratios in 2023
Angola´s public debt ratios have fallen significantly in 2021-22 and will keep falling in 2023, while the economy wil grow above 3%, according to Eaglestone Securities.
Angola
03 January 2023

Angolan President diversifying external partnerships “away from over dependence on China”
Angolan President João Lourenço is diversifying the country´s external partnerships "away from over dependence on China", which is its main creditor, according to a new report by Chatham House.
China
08 December 2022

Macau approves launch of second exchange for small Chinese companies
A microfinancing platform, backed by former Hong Kong stock exchange chief, has won approval to set up Macau’s second financial exchange that will allow foreign investors to invest in financing products issued by small Chinese companies.
Timor-Leste
08 December 2022

Legal Update/Timor-Leste: Legal Regime for the Licensing of Economic Activities
Timor-Leste has reviewed its Legal Regime for the Licensing of Economic Activities, according to official legal database Legis-PALOP+TL.
Mozambique
25 November 2022

Legal Update/Mozambique: New Guidelines on Preventing and Combating Money Laundering
Mozambique has approved the new Guidelines on Preventing and Combating Money Laundering, Financing of Terrorism and Financing of the Proliferation of Weapons of Mass Destruction, according to official legal database Legis-PALOP+TL. 
Macao
14 November 2022

BNU improves net interest income and business volume until september
Banco Nacional Ultramarino, S.A. (BNU) reported higher net interest income and business volume but lower profits for the first nine months of 2022, owing to non-recurring events.
Angola
25 October 2022

Legal Update/Angola: Minimum share capital of Banking Financial Institutions
Angola has revised the minimum share capital of Banking Financial Institutions under the supervision of the National Bank of Angola (BNA), according to official legal database Legis-PALOP+TL.
Angola
17 October 2022

Angola accelerates plan to repay USD18 billion debt to China
Angola is taking advantage of higher oil prices to accelerate its debt-reduction plans and smooth out repayments to China, its largest creditor.
Angola
07 October 2022

Legal Update/ Angola: Rates applicable to the Securities Market
Angola has established the rates applicable to the Securities Market in Angola, according to official legal database Legis-PALOP+TL.
São Tomé e Príncipe
23 September 2022

The Global Uncertainties and Structural Weaknesses of the Sao Tome Economy*
*Osíris Fernandes de Jesus Costa São Tomé and Príncipe (STP) faces challenges that are typical to Small Island Developing States (SIDS) and that affect their ability to deal with shocks. These adverse events always generate significant budgetary imbalances, and force the authorities to adopt fiscal restraint measures in the medium term, which penalizes growth and employment.
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