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Angola
02 December 2021
Angola wants support from China in transfer of International Monetary Fund’s Special Drawing Rights
Angola wants support from China in joint vaccine production and transfer of the International Monetary Fund's Special Drawing Rights (SDRs), the country´s Foreign Minister, Tete Antonio, said.
Angola
30 November 2021
China to provide African financial institutions with USD 10 billion credit line
China’s President Xi Jinping said on Monday that a China-Africa center would be set up to provide African financial institutions with a USD 10 billion credit line.
Angola
24 November 2021
E-Commerce and Health Care to Take Center Stage at FOCAC 2021
China is expected to announce more financing and new deals in a range of areas, from e-commerce to health care at the Forum on China-Africa Cooperation in Dakar, Senegal, at the end of the month.
Macao
08 November 2021
BNU Hengqin Branch Expecting Boost From Guangdong-Macao In-Depth Cooperation Zone
Banco Nacional Ultramarino´s Hengqin Branch experienced "substantial growth" in 2021 and is expecting a boost from Guangdong-Macao In-Depth Cooperation Zone.
Mozambique
26 October 2021
Legal Update/Mozambique: Investment Companies Regulatory Framework
Mozambique's new regulatory framework for investment companies entered into force on 19 October, according to official legal database Legis-PALOP+TL.
Brazil
12 October 2021
Slowdown in Chinese Economy to Drag Brazil GDP, Central Bank Says
Brazil’s gross domestic product (GDP) growth could be dragged by a slowdown in the Chinese economy, along with efforts to control inflation, according to a central bank official (BCA).
Mozambique
12 October 2021
Mozambique Growth Prospects Lowered, Despite Coal-Fueled Recovery
Mozambique growth forecasts have been lowered by the Economist Intelligence Unit, which nevertheless expects a coal-fueled recovery in 2021-2022.
Angola
12 October 2021
‘Challenging’ Business Environment For Banks in Angola
Banks in Angola face a challenging business environment, but continue to show some resiliency in terms of solvency levels, according to an analysis by Eaglestone Securities.
Portugal
17 September 2021
Insurance and Banking Revenues in Portugal Nearly 12% of Fosun Turnover
Revenues of Lisbon-based insurance group Fidelidade were 11.9% of the 70.4 billion yuan RMB (EUR 9.25 billion) of the Fosun conglomerate's turnover in the first half of the year.
Angola
30 August 2021
Chinese Banks Grant Angola Debt Service Moratorium
Chinese banks have granted Angola an extension of the debt service moratorium, the Chinese ambassador to the African country said.
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