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15 January 2021
China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
Finance
13 January 2021
Angola Gets USD 487.5 million from IMF and 3-Year Payment Relief From China
Angola has secured three years of payment relief from Chinese creditors, while the International Monetary Fund released an additional USD 487.5 million financing for the African country.
Finance
02 January 2021
Portugal Gets EUR 45 Billion From EU For Post-Pandemic Stimulus
The EU has equipped itself with a new ‘Marshall Plan’, worth EUR 1.8 trillion, to tackle the pandemic economic crisis, with more than EUR 45 billion allocated to Portugal.
Finance
21 December 2020
Angolan and Chinese Parliaments Vow to Improve Business Environment
The National Assembly of China wants to strengthen ties to the Angolan parliament to support the improving of the business environment.
Finance
16 December 2020
Angola Will Need New IMF Program Starting in 2022 – EIU
Angola will need a new International Monetary Fund (IMF) program starting in 2022, after the expiration of the current one in the ammount of USD 3.7 billion, according to the Economist Intelligence Unit (EIU).
Finance
11 December 2020
Debt-Relief Initiative to Benefit Angola, Cabo Verde, Mozambique and São Tomé
The G20´s Debt-Relief Initiative (DSSI), which is joined by China, will benefit Angola, Cabo Verde, Mozambique and São Tomé, according to the Paris Club.
Finance
09 December 2020
European Support and G20 Debt Deal Help Mozambique Shake Financial Pressure
European support for the State Budget and the recent G20 debt deal will help Mozambique shake current financial pressures, as the African country´s economy begins a recovery, according to the Economist Intelligence Unit (EIU).
Finance
01 December 2020
Angola´s Economy to Stabilize After 5 Years of Recession – Eaglestone
Angola´s economy is set to stabilize next year, after five consecutive years of recession, according to an analysis of the State Budget for 2021 by Eaglestone Securities.
Finance
26 November 2020
E-Commerce Users in Portugal Grow at Fastest Rate in 18 Years
The increase in the number of e-commerce users in Portugal this year is the fastest in 18 years, with the pandemic accelerating the trend, according to the National Statistics Institute (INE).
Finance
24 November 2020
Electronic Payment Services Make Headway in Angola
Angolan telecom operator Unitel is set to start offering electronic payment services, assisting efforts to broaden financial inclusion across the country and spur access to credit and growth, while facing significant obstacles.
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