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Infrastructure
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.
Finance
30 April 2020
Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
Energy
23 April 2020
Business Opportunity: Renewable Energies in Cabo Verde
The government of Cabo Verde, in partnership with Luxembourg cooperation, has launched a public tender for the selection of a company in order to acquire and install a photovoltaic system in Achada-Malva (Fogo Island).
Macao
21 April 2020
Macau Government Reaffirms Commitment to Portuguese-Speaking Countries
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
Development
20 April 2020
Angolan Exports to China Take a Hit
With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit.
Finance
16 April 2020
Mozambique the Exception Among Lusophone Africa Economies in the “Red”
Like the rest of the continent, macroeconomic forecasts for Lusophone African countries are now all “in the red” — with the exception of Mozambique.
Finance
06 April 2020
Support grows for African countries’ call for urgent debt relief
The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China.
COVID-19
03 April 2020
Angola, Mozambique and Cabo Verde among the African countries where Covid-19 will peak later
According to a study from the London School of Hygiene and Tropical Medicine (LSHTP), almost all African countries should have more than 1,000 cases by 1 May. Angola, Mozambique and Cabo Verde are among those where the number of infections is expected to peak later.
COVID-19
01 April 2020
Lusophone Africa geared up for Coronavirus with donations from Jack Ma
In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
23 March 2020
Cabo Verde expecting “strong recession” in the wake of Covid-19
The Covid-19 pandemic has led airlines to cancel flights all over the world, while Governments have shut down borders to prevent importing cases.
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