First steps on a long road for Maputo

The government of Mozambique has agreed a repayment plan with most of its creditors on its defaulted $727 million Eurobond and is also holding talks with the IMF over macro-economic reform.

Air China sets sights on Beijing-Lisbon route

The suspension by Capital Airlines of its route between Beijing and Lisbon was a disappointment for both Portuguese and Chinese governments, but the route is set to resume in the next few months, operated by a much larger carrier - Air China.

Portugal eyes Chinese Fund for Portuguese-Speaking Countries

The government of Portugal wants to access a US$1-billion Chinese fund for co-operation projects in Portuguese-speaking countries based in Macao since 2017. It is also preparing to nominate a new permanent representative to the Forum Macao.

São Tomé and Príncipe updates national payment system, introduces micro-finance framework

A few weeks after a micro-finance legal framework came into force, São Tomé and Príncipe is about to update its national payment system and impose new rules on the banking sector. It will give new powers to the country´s central bank.