Angolan shipyard partners with Chinese companies to build fishing vessels

Sociedade de Pescas de Kwanza Sul (Sopesul) in Angola plans to increase construction of semi-industrial fishing vessels from wood, to minimise the costs related to imports, with partners from China.

Pick-up in Chinese demand keeps Angolan rare earths mining project on track

After having confirmed an investment by the Angolan Sovereign Wealth Fund, Pensana Rare Earths, the main investor, says a recent pick-up in Chinese demand ensure the project will not lose momentum.

Syrah Resources suspends work at factory in USA but keeps operating in Mozambique

Syrah Resources has suspended work at its Vidalia factory, in the United States, following the “stay at home” order announced by the governor of Louisiana on 22 March, in order to reduce the spread of the new coronavirus, the company reported.

José de Mello Group takes on loan from Bank of China

Portuguese healthcare group José de Mello Saúde, which owns the private CUF hospitals and clinics has signed a financing agreement with the Bank of China in the amount of €33 million.