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25 August 2022

China cutting oil shipments from Angola and Brazil
Russia held its spot as China's top oil supplier for a third month in July, as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil.
25 August 2022

China and Portuguese-speaking countries trade grows 14% in first half of 2022
Trade between China and Portuguese-speaking countries (PSC) reached USD 104.461 billion from January to June 2022, representing a 14.13% increase year-on-year, according to data from China Customs.
24 August 2022

China to waive interest-free loans for 17 African countries that matured by end-2021
China will waive the 23 interest-free loans for 17 African countries that had matured by the end of 2021, according to Chinese Foreign Minister Wang Yi.
16 August 2022

China-financed Luachimo Hydroelectric Dam in Angola readies for start-up
The Luachimo Hydroelectric Dam, a USD 212 million project financed by China in Angola´s Lunda Norte province, is gearing up for start-up.
11 August 2022

Power China International eyes hydro projects in Angola
Power China International Group Limited is evaluating new hydro engineering works in Angola, to fight drought in the country, according to its CEO Ji Xiaoyong.
08 August 2022

Exemption of customs tariffs for Angolan exports to China negotiated
Trade between China and Angola grew by 42% in 2021, year on year, reaching USD 23.35 billion, according to the Chinese ambassador in Luanda.
25 July 2022

Angola to earn USD 2 billion from Lobito corridor concession to Mota-Engil
The Angolan state will earn over USD 2 billion with the concession of Lobito corridor to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
21 July 2022

Hyundai Samho Heavy Industries to deliver tanker to Angola´s Sonangol in 2023
Hyundai Samho Heavy Industries has begun construction of a new oil tanker for Angola´s national energy company Sonangol, to be delivered in March 2023.
18 July 2022

Monetary Authority of Macau enters financial supervision agreement with Banco Nacional de Angola
The Monetary Authority of Macau (AMCM) and the National Bank of Angola (BNA) have entered an agreement in the area of ​​financial supervision.
13 July 2022

Portugal´s Teixeira Duarte and Feel Afrika to invest USD 10M in Luanda hotel
The Teixeira Duarte/Feel Afrika consortium, which won the tender to operate and manage the Talatona Convention Hotel (HCTA), will invest about USD 10 million in the hotel complex.
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