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Angola
26 August 2020

Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government
The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
24 August 2020

Huawei to Train Angolan Ministry of Foreign Affairs Staff in 5G
Huawei will provide training in Information and Communication Technologies (ICT), including 5G, to staff from the Ministry of Foreign Affairs of Angola, under a new bilateral agreement. 
24 August 2020

Drop in Exports and Investment sink Angolan Currency – EIU
The Angolan currency will sink more than expected in 2020, because of the drop in the country´s export revenue and investment inflows, adding to the unravelling of the International Monetary Fund´s program, according to the Economist Intelligence Unit (EIU).
17 August 2020

Portuguese-Speaking Countries Legislation Now Available in Chinese
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
13 August 2020

Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
04 August 2020

IMF Postponment of Financial Support to Angola “Very Damaging”
The International Monetary Fund (IMF) has postponed the decision on an extra budgetary financing of USD 0.8Bn to Angola, adding to the country´s liquidity pressures in the next few weeks, at least.
29 July 2020

China Merchants Ports Bids for Port of Luanda Concession
China Merchants Ports, one of the largest container terminal operators in the world, is bidding for the concession of the Port of Luanda´s Multipurpose Terminal. 
28 July 2020

Business Environment Improvement “Critical” for Economic Recovery in Southern Africa
The COVID-19 pandemic in Southern Africa could lead to a fall of 4.9% in economic output in the region in 2020, and an improvement in business environment will be critical for the recovery, according to the African Development Bank (ADB).
27 July 2020

Pensana in Talks With Banks to Add Funding to Angola Rare Earths Project
Pensana Rare Earths is in early stage talks with lenders including Barclays, South Africa’s Rand Merchant Bank (RMB) and funds including Fidelity to secure more funding for its Angola project, its chairman said.
24 July 2020

China´s AVIC Luanda Airport Project to Face Further Delays
The new Luanda International Airport project, in charge of China National Aero-technology International Engineering (AVIC), has been suspended and should be completed only after 2023. 
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