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22 August 2023
CNPC and Mozambique’s National Oil Company Sign Cooperation Deal
China National Petroleum Corporation (CNPC) announced the signing of a cooperation framework agreement in Maputo, Mozambique with ENH, Mozambique´s National Oil Company.
19 August 2023
China´s CALB Sees ‘Opportunity’ for Battery Factory in Portugal With Xpeng-Volkswagen Deal
The new partnership between car manufacturers Xpeng and Volkswagen is seen by China Aviation Lithium Battery Technology (CALB) as “an opportunity” for its planned lithium battery factory in Portugal.
15 August 2023
China´s WCC Mozambique Dugongo Cimentos to Invest USD 200 million in New Factory
Mozambique Dugongo Cimentos, co-owned by Chinese West China Cement Limited (WCC), plans to invest USD 200 million in a second factory in the African country, in Nampula province.
01 August 2023
Angola Calls For More Chinese Investment as New Joint Ventures Are Formed
Angola is calling for more Chinese investment, as the countries celebrate 40 years of bilateral relations with the forming of new corporate joint-ventures.
20 July 2023
Kinlong Hardware Products Relocating Operations in Portugal to Industrial Hub
China's Kinlong Hardware Products is relocating all of the operations of its Portuguese subsidiary Cifial to a single industrial hub, where it is investing in new equipment, process efficiency and new products.
13 July 2023
Portugal’s Mota-Engil Signs EUR 840 million Nigeria Rail Contract
Portugal's largest builder Mota-Engil, partly owned by China´s CCCC, has signed an EUR 840 million contract to supply and finance railway rolling stock in Nigeria, strengthening its order book in Africa.
11 July 2023
Portugal´s Auto Sueco Becomes Official Distributor of DongFeng Trucks in Mozambique
Auto Sueco Moçambique, has become the official distributor of Chinese-made trucks DongFeng, also servicing vehicles in its vast network in the African country.
05 July 2023
Chinese Fashion Giant Shein Will Invest in Textile Production in Brazil
Online fast fashion retailer Shein says it will invest 750 million reais (USD 148.9 million) in helping to modernise textile production in Brazil in the coming years, according to multiple media reports.
04 July 2023
China´s BYD to Build USD 624 million Factory in Brazil, First Outside China
BYD will invest 3 billion reais (USD 624 million) in Brazil, in the northeastern state of Bahia, to build its first electric-car plant outside Asia.
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