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São Tomé and Príncipe
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
21 April 2020

Macau Government Reaffirms Commitment to Portuguese-Speaking Countries
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
20 April 2020

Angolan Exports to China Take a Hit
With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit. 
16 April 2020

Mozambique the Exception Among Lusophone Africa Economies in the “Red”
Like the rest of the continent, macroeconomic forecasts for Lusophone African countries are now all “in the red” ⁠— with the exception of Mozambique.
06 April 2020

Support grows for African countries’ call for urgent debt relief
The call is now growing from African Governments, with support from the United Nations and NGOs, for a debt relief package. Around one-fifth of Africa's debt pile is estimated to be owed to China. 
01 April 2020

Lusophone Africa geared up for Coronavirus with donations from Jack Ma
In Africa, Jack Ma and the Alibaba Foundation have taken center stage in supplying medical masks, Covid-19 tests and other protective kit to countries with fragile health systems. Just a few days after the gear arrived in Ethiopia for redistribution in the continent, all lusophone countries were stocked up.
26 February 2020

China finances modernisation and expansion of the international airport of São Tomé and Príncipe
The modernisation and expansion funding for the international airport of São Tomé and Príncipe will be provided by China under an agreement signed on Friday in São Tomé.
15 January 2020

São Toméan and Chinese governments leave São Tomé port project to private sector
After two years of negotiations, the project’s cost appears to have dropped, from an initial US$800 million to that figure as the high end, with sources linked to the project estimating a cost of US$500–800 million.
28 December 2019

2020 brings new VAT tax to São Tomé
According to the new VAT (IVA) tax code, a tax of 15% to be introduced 1 March 2020 will apply to transactions of goods and services in the national territory, by taxable persons, as well as imports of goods.
21 November 2019

Support from China Steady as Risks Abound for São Tomé and Príncipe
As the government of São Tomé and Príncipe submits its 2020 budget, internal and external risks for the country mount. According to an IMF assessment, looming risks include fiscal policy slippages and political strife. Existing support from China is expected to remain steady.
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