Economic and Business Information

2016-11-24

In sign of deepening relationship, China-Angola ties poised to move into culture

China and Angola should strengthen their cultural co-operation and exchanges, the Angolan news agency Angop reports.

2016-11-23

40 pct of merchants in Portugal to accept China UnionPay cards

About 40 percent of merchants in Portugal will soon accept China UnionPay cards, Xinhua reports. The Chinese government-run news agency says the announcement was made on Monday by UnionPay International, a subsidiary of China UnionPay.

2016-11-23

Companies from Brazil, China to develop e-commerce

Brazilian consumer loyalty programme Zimp has established a partnership with Chinese social media network Weibo to develop e-commerce in both markets, the Macauhub website reports.

2016-11-23

Ministro do Interior de Angola na China para discutir cooperação na área da segurança pública

O Ministro do Interior de Angola, Ângelo Veiga Tavares, encontra-se numa visita oficial à China, a fim de reforçar a cooperação bilateral na área da segurança pública, de acordo com a agência angolana de notícias Angop.

2016-11-22

Mozambique’s GDP growth improves in 3Q, reaches 3.7 pct

The Mozambique economy was 3.7 percent bigger in the third quarter of this year than it was in the same period last year, the National Statistics Institute of Mozambique reported on Monday.

2016-11-22

Beijing offers US$149 mln to Cape Verde to help house the underprivileged

Beijing has offered about US$149 million to the Cape Verde government to pay for the rehabilitation of houses for the underprivileged, A Bola reports.

2016-11-22

China and Angola to work together on sugarcane farming project in Bengo

Mainland firms will work with Angolan companies to farm, process and market sugarcane in the province of Bengo, Angop reports.

2016-11-21

Cape Verde eager to accelerate ambitious privatisation programme

Cape Verde is eager to speed up the process of privatisation, according to the country’s Minister of Finance, Olavo Correia.

2016-11-21

Mozambique to simplify business-licensing procedures

The Mozambican government is preparing to reduce the red tape restricting businesses, including the revision of trade- and real estate-related laws, Notícias reports.

2016-11-21

Fosun buys 16.7-percent stake in Portuguese bank Millennium BCP

Fosun will buy a 16.7-percent stake in Portugal’s Millennium BCP for 174.6 million euros (US$185 million), via a reserved capital increase, Reuters reports.

2016-11-18

Angolan economy forecast to grow by 1.25 pct next year, says IMF

Angola’s economy should grow by 1.25 percent next year, the International Monetary Fund (IMF) said on Wednesday.

2016-11-18

China’s outbound investment soars by 53.3 pct in first 10 months of year

Non-financial outbound direct investment from the Mainland has reached US$145.96 for the first 10 months of the year, Xinhua reports.