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Angola
09 May 2024

Angola to Access Cash Held as Collateral Under China Development Bank Deal
Angola agreed with the China Development Bank, the country’s largest single creditor, to release cash held as collateral for a multibillion-dollar loan, its finance minister told the Financial Times
Portugal
06 April 2024

Chinese Real Estate Investment in Lisbon Drops 46,5%
Chinese Real Estate Investment in Portugal´s capital, Lisbon, fell 46,5% to EUR 54 million last year, according to data from Confidencial Imobiliário.
Angola
21 March 2024

China Open to “Adjustments” to Angolan Debt, Not Restructuring
Angola and Chinese lenders are discussing making changes to repayments on loans made to the southern African country, but those "adjustments" will not be a debt restructuring.
Portugal
20 March 2024

Fosun Open to Selling Remaining Stake in Portugal’s Millennium bcp
Fosun International is open to selling its remaining stake in Portugal's Millennium bcp after disposing of some shares earlier this year, according to Reuters.
Angola
28 February 2024

Angola to Ban Cryptocurrency Mining Due to Energy Concerns
Angola is planning to ban and criminalize cryptocurrency mining and other virtual assets in the country to safeguard national energy security, local media reported.
Portugal
27 February 2024

Millennium BCP Bank to Pay EUR 250 million to Shareholders Including Fosun
Millennium BCP, Portugal´s biggest private bank, will pay its shareholders, including China´s Fosun, dividends worth EUR 250 million on last year´s results.
Cabo Verde
25 January 2024

China Portuguese-Speaking Countries Development Fund Looking for Projects in Cabo Verde
The China Portuguese-Speaking Countries Cooperation and Development Fund (CPD Fund) is looking for projects to support in Cabo Verde, where business leaders are eager for new financing mechanisms.
Portugal
24 January 2024

Fosun Committed to Portugal’s Millennium bcp Despite Stake Cut
China's Fosun has vowed to keep supporting the development of Portugal's Millennium bcp, despite having reduced its stake in the lender.
Portugal
08 January 2024

Haitong Names Pan Guangtao New Chairman in Portugal
Haitong named Pan Guangtao as the new chairman of the board of directors for its investment bank in Portugal, keeping Wu Min as CEO.
Brazil
27 November 2023

Minority Stake Sale in Brazil Unit Could Fetch China’s State Grid USD 1 Billion
State Grid Corp. of China’s Brazilian unit is seeking to raise about USD 1 billion by selling a minority stake, in a move aimed at cutting debt and boosting growth, Bloomberg reported. 
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