Economic and Business Information

2016-04-26

Angolan President, Chinese Ambassador discuss bilateral co-operation

The President of Angola, José Eduardo dos Santos, and China’s Ambassador to the African nation, Cui Aimin, met on Monday to promote bilateral co-operation, Angolan news agency Angop reported.

2016-04-25

Cape Verde to overcome challenges: new PM

The new Prime Minister of Cape Verde, Ulisses Correia e Silva, said his nation is committed to overcoming any challenges; particularly unemployment.

2016-04-25

Mozambique’s central bank raises interest rates

Mozambique’s central bank last week again raised its benchmark interest rates in a bid to curb inflation in the African country, the bank said in a statement.

2016-04-25

China main exporter to Angola in 4Q 2015

China was the largest exporter to Angola in the final quarter of 2015, maintaining its lead on Portugal, said Portuguese news agency Lusa in a report last week.

2016-04-22

Angola made US$2 mln from coffee exports in 2015

Angola reported revenues of US$2 million from its exports of coffee in 2015, said Angola’s National Coffee Institute.

2016-04-22

Guinea-Bissau to increase cashew exports by 11pct

Guinea-Bissau aims to increase this season its exports of cashew nut by 11 percent from 2015, news agency Reuters reported this week.

2016-04-22

Portugal bets on social media to draw Chinese visitors

Portugal sees potential in using online social media to draw more Chinese visitors to the European nation, said the Turismo de Portugal institute, a body under Portugal’s Ministry of Economy.

2016-04-21

Angola, Mozambique priority partners for China in Africa: Ministry

Angola and Mozambique are priority partners in Africa for “production capacity co-operation” with China, said the Director-General of the Department of African Affairs of China’s Ministry of Foreign Affairs, Lin Songtian.

2016-04-21

China offers support for Angolan police public safety role

China is willing to provide support to Angola’s National Police in the field of public safety, said China’s Ambassador to the African nation, Cui Aimin.

2016-04-21

China shippers urged to use Portuguese ports: Ambassador

China’s Government is encouraging Chinese maritime shipping companies to consider using Portuguese ports to move goods to the European market, China’s Ambassador to Portugal, Cai Run, said on Wednesday.

2016-04-20

FDI to China to show steady growth in 2016: Ministry

The inflows of foreign direct investment (FDI) to China will maintain a steady growth this year, said the Chinese Ministry of Commerce on Tuesday.

2016-04-20

Foreign investment in Angola reached US$16bln in 2014-15

Foreign investment in Angola totalled US$16 billion in 2014-15, said Angola’s Agency for Investment and Export Promotion (APIEX).