Is this peak oil for Brazil?

Production is higher than ever but the latest of Brazil's oil licensing round attracted very little interest from the foreign firms, suggesting that the boom may be short-lived, unless either the government improves the investment regime or international oil prices rise substantially.

Japan pushes forward with agricultural project despite continued embarrassment

Japan’s ProSavana in northern Mozambique has come under increased scrutiny, but they are still pushing forward with the Nacala Economic Corridor Development Programme.

Outlook for Angola worsens

In its latest evaluation of the Angolan economy, the IMF points to a deteriorating economic scenario expecting the economy to fall by 1.1% in 2019, due to a further decrease in the oil economy (-5.0%), not compensated by the largely stagnant non-oil economy (+0.6%).

CHEC starts work on Timorese port

Work has begun on building the new deepwater port of Tibar in Timor-Leste. China Harbor Engineering Company (CHEC) is developing the US$490 million project, which will be operated by French firm Bolloré.