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Brazil
07 May 2024

Chinese Cars are Staying in Brazil for Good

The massive influx of Chinese cars into Brazil is transforming the entire automotive market, with prices falling not only for electric competitors, but also for combustion vehicles, according to a report published by the Brazilian Bank BTG Pactual.
Angola
06 May 2024

Angola Among Countries Were Number of Chinese Fell the Most

The number of Chinese workers across Africa has dropped significantly to its lowest level in more than a decade, with Angola recording one of the steepest falls.
Portugal
01 April 2024

Mota-Engil Board to be Extended to 19 Members

The shareholders of Mota-Engil will vote in the general meeting on April 18th the re-election of the Board of Directors for the 2024-2026 term , as well as its extension to 19 members . 
Mozambique
27 March 2024

Legal Update/Mozambique: Regulation of the Private Investment Act

Mozambique has approved the Regulation of the Private Investment Act, already into force, revoking the previous Regulations of the Investment Law, , according to official legal database Legis-PALOP+TL.
Portugal
25 March 2024

Chinese Automakers Chery and XEV Ponder Investing in Portugal

At least five Chinese companies are considering setting up factories in Portugal, including car manufacturers Chery and XEV, the Chinese ambassador in Lisbon told Lusa.
Brazil
21 March 2024

BYD to Amp Up Investment in New EV Plant in Brazil

BYD  plans to amp up its investment in its new electric-vehicle (EV) plant in Brazil by about 83.3% to R$ 5.5 billion (USD 1.1 billion), and to build five residential buildings to accommodate 4,230 employees.
Angola
19 March 2024

Chinese Oil Major CNOOC Looking for Exploration Opportunities in Angola

Chinese oil major CNOOC is sending a group of senior executives to Angola for talks on oil exploration opportunities, the Angolan oil and gas ministry said.
Portugal
07 March 2024

Taiwan Cement To Continue “Global Expansion Strategy” With Acquisition of Portugal´s Cimpor

Taiwan Cement Corporation (TCC) is set to continue its "global expansion strategy" after the acquisition of Portugal´s Cimpor.
Angola
07 March 2024

Angola to Lease China International Fund Industrial Units

The Angolan executive will keep, for ten years, the ownership of the industrial units of China International Fund (CIF), which it intends to lease through a limited tender for production and management, with purchase option.
Portugal
06 March 2024

Chinese Huaguang Advanced Welding Evaluates Investment in Portugal

Hangzhou Huaguang Advanced Welding Materials is negotiating an investment in Portugal, the municipality of Covilhã revealed.
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