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China
21 May 2020

Project Supported by China to Bring Digital Satellite TV to 20,000 families in Mozambique

The Government of Mozambique announced the conclusion of a project to bring digital satellite television signal to 1,000 villages in the in the northern province of Cabo Delgado, which is estimated to benefit over 20,000 families.  Covering all the ten provinces and the capital city of Mozambique, the project was co-funded by China and implemented by the Chinese electronics and media company StarTimes.
Angola
20 May 2020

China Aiming to Strengthen “Strategic Ties” to Angola

Gong Tao, ambassador of China to Angola, is confident debt negotiations between the two countries will be successful, and that bilateral relations will actually emerge stronger from the current hardship. In an interview published in Angola, marking his first year as ambassador, he reveals the foreign ministers of the two countries spoke on the phone on 11 May, and vowed to strengthen “strategic ties”. 
Mozambique
14 May 2020

Mozambique´s economy to contract 2.4% in 2020 due to pandemic

With the coronavirus pandemic weighing on economic activity, the Economist Intelligence Unit (EIU) now expects the economy of Mozambique to contract by 2.4% in 2020. According to the EIU, the economy will pick up in 2021, growing by 2% as the agriculture sector rebounds.
China
13 May 2020

Portuguese Port of Sines delays new EUR 600 million terminal project for 1 year 

The bid for the construction of the new Vasco da Gama terminal at Portugal´s Port of Sines has been delayed until April 2021, according to the administration. In the meantime, Sines is moving ahead with the expansion of the existing terminal, operated by PSA Singapore, and wants to created an agro-industry hub for agricultural companies from Brazil. 
Cabo Verde
11 May 2020

Business Opportunities: Cabo Verde

Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and municipalities.
Cabo Verde
03 May 2020

Business Opportunities: Cabo Verde

Tenders are open for new infrastructure projects in Cabo Verde, both by the Government and foreign cooperation agencies.
Portugal
29 April 2020

South Korean Pension Fund NPS in EUR 2.4 billion Investment in Portuguese Road Concessionaire

Chinese construction companies were reportedly among potential buyers of Brisa, Portugal's main road concessionaire, but it was a grouping of three institutional investors that made the deal. Among the new shareholders is NPS, the national pension service of  South Korea.
China
28 April 2020

Portuguese and Chinese Builders Win €636 million Contract in Mexico

The Portuguese group has also won a USD 365 million project in Mozambique, related to the natural gas industry infrastructures. 
Angola
27 April 2020

Business Opportunities: Angola

The Angolan Government is progressing with privatizations in multiple fronts, including subsidiaries of the national oil company, Sonangol, and 13 industrial units in the Luanda-Bengo Special Economic Zone (SEZ).
Brazil
21 April 2020

State-Supported Bailout of Portuguese Airline TAP Could Have Chinese Funding

The Portuguese Government considers nationalising the company, where it already has half of the capital, but its private shareholders are pushing for a cash infusion, from a financial consortium which could have Chinese capital.
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