EDP – Energias de Portugal, which has China Three Gorges as its main shareholder, has been forced to replace its CEO, António Mexia, and another executive, who face corruption charges.

Hengye Electronics Indústria, Ltda, a subsidiary of Chinese group Zheijian Hengye Electronics Co. Ltd, will invest around US$20 million in the construction of a factory to produce electricity meters in the Luanda-Bengo special economic zone (SEZ).

Japan and China are the countries that Angola is contacting to finance the re-launch of the cotton crops in the Cassange region.