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Finance
02 March 2021
VAT Tax and Energy Sector Reforms “Crucial” for São Tomé – IMF
The launch of a Value-Added Tax (VAT) and energy sector reforms will be "crucial" for São Tomé e Príncipe for post-pandemic recovery, according to the International Monetary Fund (IMF).
Finance
17 February 2021
Japan Loans USD 668 million to African Development Bank Fund
Japan had signed a 73.6 billion yen (USD 668 million) loan agreement to help replenish the the African Development Bank´s (AfDB) main development fund.
COVID-19
15 February 2021
Brazil Gets USD 1 billion From BRICS Bank to Fight Coronavirus
A development bank run by the BRICS group of major developing nations has disbursed $1 billion to help fund the Brazilian government’s fight against the COVID-19 pandemic.
Finance
11 February 2021
BNU Bank Financial Performance “Robust” Despite Challenging Macao Market
Despite a challenging Macau banking market, hit by a sharp drop in Tourism and Gaming income, Banco Nacional Ultramarino´s financial performance was "robust" in 2020, the bank announced.
Finance
09 February 2021
China ‘Willing to Renegotiate’ Angolan Debts to Avoid Default
China will be willing to renegotiate' Angolan debts to avoid default by the African country, according to the Economist Intelligence Unit (EIU).
Finance
04 February 2021
Guinea-Bissau to Request IMF-Monitored Program
The covid-19 pandemic has disrupted economic activity and public finances in Guinea-Bissau and the country is expected to need an International Monetary Fund (IMF) program soon.
Finance
03 February 2021
Debt Restructuring With China Supported Angolan External Balance
Angola´s debt restructuring with Chinese creditors was one of the key factors putting off pressures on the country´s external balance, according to analysts at Angolan bank BFA
Finance
02 February 2021
Development Bank of Latin America Raises EUR 1.25Bi for Regional Economic Stimulus
The Development Bank of Latin America (CAF), which includes Brazil and Portugal, has raised 1.25 billion euros to finance projects in countries hit by the coronavirus pandemic.
Finance
26 January 2021
Portugal and Brazil Economies Recover in 2021 – UN
All Portuguese-speaking economies are expected to recover this year, including the two largest, Portugal and Brazil, according to the United Nations Department for Economic and Social Affairs (UNDESA).
Finance
18 January 2021
China Sonangol International Privatization Set for 2021
Angola's State oil company Sonangol is set to sell this year its stakes in several foreign-based companies, including China Sonangol International Holding (CSIH).
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