Some 1,424 residence permits were offered to investors in Portugal last year, Lusa reports. The Portuguese news agency cites data from the country’s Immigration and Borders Service showing the number of Golden Visas issued in 2016 almost doubled from the 766 residency permits offered in 2015. The scheme was suspended temporarily for a few months in 2015 while the legislation was reviewed.

The economy of Mozambique is expected to grow by 5.5 percent this year with an inflation rate kept at 14 percent, reports the Chinese government-run news agency Xinhua.

The Angola-China Chamber of Commerce has launched its first course teaching Mandarin Chinese, Angop reports.

The China-Portuguese-speaking Countries Co-operation and Development Fund will provide US$40 million to fund two projects in Brazil and Cape Verde, Lusa reports.

The Angolan economy grew by 0.1 percent last year according to the Ministry of Finance, reports the Portuguese news agency Lusa.

The Export-Import Bank of China will lend as much as US$600 million to fund construction of a deep-sea port in Cabinda province in northern Angola, Bloomberg reports.

State Grid has completed the purchase of a majority stake in Brazilian electricity giant CPFL Energia SA for 14.19 billion reais (US$4.5 billion), the Mainland Chinese company announced yesterday.

Beijing will aim to stabilise the positive trend in external trade this year, the Government state-run news agency Xinhua reports.

Mainland China remained the biggest destination for Angola’s exports in the third quarter of last year, the Jornal de Angola reported.

Officials representing the China-Portuguese-speaking Countries Co-operation and Development Fund will explain the workings of the fund at an information session at the World Trade Centre in Macau on January 25.

China’s economy grew by 6.7 percent last year, the rate of growth falling within the range of 6.5 percent to 7 percent forecast by the Government, Xinhua reports.

China and São Tomé and Príncipe have selected what they consider the most important fields to co-operate in, and decided to focus on agriculture, health and energy, the Jornal de Angola reports.