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Angola
10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
Mozambique
08 February 2023

Legal Update/Mozambique: Corporate Income Tax Code creates new reduced rates
Mozambique has amended its Corporate Income Tax Code, creating new reduced rates for certain businesses, according to official legal database Legis-PALOP+TL.
Timor-Leste
07 February 2023

Timor-Leste represented for the first time at an ASEAN Coordination Council meeting
Timor-Leste was represented for the first time at an Association of Southeast Asian Nations (ASEAN) Coordination Council meeting, as an observer, while it is working to join the organization soon. 
Angola
07 February 2023

Angola, DRC and Zambia move towards jointly managing key trade corridor
Angola, Zambia and Democratic Republic of Congo (DRC) have agreed to establish a new agency that will oversee the development and joint management of a trade corridor to and from the Atlantic Ocean port of Lobito, recently concessioned to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
China
03 February 2023

Ho family´s Estoril-Sol ensures concession of casinos in Portugal for 15 years
Estoril-Sol, controlled by the family of late gaming mogul Stanley Ho, has ensured a 15-year extension of the concession for the Estoril gaming area in Portugal, which includes Casino de Lisboa and Casino do Estoril.
Mozambique
02 February 2023

Legal Update/Mozambique: Legal Regime for Foreign Citizens
Mozambique has reviewed the Legal Regime for Foreign Citizens, including special rules for visas connected to investment activity according to official legal database Legis-PALOP+TL.
Timor-Leste
02 February 2023

Timor-Leste aligns national trade legislation with WTO requirements
Timor-Leste has reviewed its Customs Code, aiming to align national legislation with the requirements of the legal framework of the World Trade Organization (WTO).
Cabo Verde
31 January 2023

“Displeased” David Chow moves to close Cabo Verde consulate in Macao
Businessman David Chow has resigned from his position as Honorary Consul of Cape Verde in Macau, and is moving to close the diplomatic representation, dissatisfied with the way his investments have been handled in the African country.
Angola
31 January 2023

Mozambique and Cabo Verde to lead Portuguese-speaking countries GDP growth in 2022
Mozambique and Cabo Verde will lead GDP growth in Portuguese-speaking countries, according to United Nations (UN) forecasts.
Brazil
30 January 2023

Chinese agro imports from Brazil grew 43.3% in 2022
China imported from Brazil USD 58.8 billion in Brazilian agribusiness products in 2022, 43.3% more than in 2021 and practically double the flow five years ago, according to data from the Ministry of Agriculture and Livestock.
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