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Brazil
02 February 2021
Development Bank of Latin America Raises EUR 1.25Bi for Regional Economic Stimulus
The Development Bank of Latin America (CAF), which includes Brazil and Portugal, has raised 1.25 billion euros to finance projects in countries hit by the coronavirus pandemic.
Angola
26 January 2021
Portugal and Brazil Economies Recover in 2021 – UN
All Portuguese-speaking economies are expected to recover this year, including the two largest, Portugal and Brazil, according to the United Nations Department for Economic and Social Affairs (UNDESA).
Angola
18 January 2021
China Sonangol International Privatization Set for 2021
Angola's State oil company Sonangol is set to sell this year its stakes in several foreign-based companies, including China Sonangol International Holding (CSIH).
China
15 January 2021
China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
Angola
13 January 2021
Angola Gets USD 487.5 million from IMF and 3-Year Payment Relief From China
Angola has secured three years of payment relief from Chinese creditors, while the International Monetary Fund released an additional USD 487.5 million financing for the African country.
Portugal
02 January 2021
Portugal Gets EUR 45 Billion From EU For Post-Pandemic Stimulus
The EU has equipped itself with a new ‘Marshall Plan’, worth EUR 1.8 trillion, to tackle the pandemic economic crisis, with more than EUR 45 billion allocated to Portugal.
Angola
21 December 2020
Angolan and Chinese Parliaments Vow to Improve Business Environment
The National Assembly of China wants to strengthen ties to the Angolan parliament to support the improving of the business environment.
Angola
16 December 2020
Angola Will Need New IMF Program Starting in 2022 – EIU
Angola will need a new International Monetary Fund (IMF) program starting in 2022, after the expiration of the current one in the ammount of USD 3.7 billion, according to the Economist Intelligence Unit (EIU).
Angola
11 December 2020
Debt-Relief Initiative to Benefit Angola, Cabo Verde, Mozambique and São Tomé
The G20´s Debt-Relief Initiative (DSSI), which is joined by China, will benefit Angola, Cabo Verde, Mozambique and São Tomé, according to the Paris Club.
Mozambique
09 December 2020
European Support and G20 Debt Deal Help Mozambique Shake Financial Pressure
European support for the State Budget and the recent G20 debt deal will help Mozambique shake current financial pressures, as the African country´s economy begins a recovery, according to the Economist Intelligence Unit (EIU).
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