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Energy
02 May 2023
Energy China International to invest USD 10 billion in Brazil
Energy China International has committed to investing USD 10 billion in Brazil, according to the Brazilian Ministry of Mines and Energy.
Finance
26 April 2023
Legal Update/Cabo Verde: National Strategy for the Prevention and Combat of Money Laundering
Cabo Verde has approved a National Strategy for the Prevention and Combat of Money Laundering, the Financing of Terrorism and the Financing of the Proliferation of Weapons of Mass Destruction, according to official legal database Legis-PALOP+TL.
Energy
24 April 2023
EDP closes USD 750 million loan facility deal “strengthening” commitment to Asia-Pacific
EDP has announced the closing on a loan facility deal worth Singapore Dollar (SGD) 1 billion (USD 750 million) in "strengthening" its commitment to the Asia-Pacific region.
Finance
17 April 2023
ICBC Brazil processes first cross-border RMB settlement transaction
Industrial and Commercial Bank of China (Brazil) Ltd said it has successfully processed its first cross-border renminbi settlement transaction.
Finance
16 April 2023
“Leap forward” in Brazil-China relations with deals signed in 15 areas from agriculture to aeronautics
Agreements between China and Brazil in 15 areas, ranging from agriculture to aeronautics, were signed during the trip to Beijing by Brazil’s President Luiz Inácio Lula da Silva, with officials speaking of a "leap forward" in relations.
Finance
12 April 2023
Angola among African countries helped by China with pandemic debt relief
China assisted in the restructuring of the crippling debt loads carried by some African countries, like Angola and Zambia, according to a new report by researchers from Johns Hopkins University.
Finance
06 April 2023
Angola in top-5 countries most heavily in debt to China
Angola is in the top-5 countries most heavily in debt to China, according to World Bank data analysed by Statista.
Finance
05 April 2023
Chinese-Brazilian Bank BBM to begin clearing operations without USD in July
The first institution accredited to operate the China Interbank Payment System (Cips) payment platform in Brazil, Bocom BBM plans to begin in July clearing operations between Brazil and China without the use of the dollar.
Finance
04 April 2023
Legal Update/Angola: Foreign exchange operations rules
Angola has updated legislation on foreign exchange operations, for individuals and banks, according to official legal database Legis-PALOP+TL.
Finance
31 March 2023
Brazil and China central banks agree to boost yuan-real transactions
The central banks of Brazil (BC) and China (PBC) signed a memorandum of understanding to enable a financial instrument that allows transactions to be made in yuan, Chinese currency, and converted into reais in " faster and less costly way".
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