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Brazil
17 April 2023

ICBC Brazil processes first cross-border RMB settlement transaction
Industrial and Commercial Bank of China (Brazil) Ltd said it has successfully processed its first cross-border renminbi settlement transaction.
Brazil
16 April 2023

“Leap forward” in Brazil-China relations with deals signed in 15 areas from agriculture to aeronautics
Agreements between China and Brazil in 15 areas, ranging from agriculture to aeronautics, were signed during the trip to Beijing by Brazil’s President Luiz Inácio Lula da Silva, with officials speaking of a "leap forward" in relations.
Angola
12 April 2023

Angola among African countries helped by China with pandemic debt relief
China assisted in the restructuring of the crippling debt loads carried by some African countries, like Angola and Zambia, according to a new report by researchers from Johns Hopkins University.
Angola
06 April 2023

Angola in top-5 countries most heavily in debt to China
Angola is in the top-5 countries most heavily in debt to China, according to World Bank data analysed by Statista.
Brazil
05 April 2023

Chinese-Brazilian Bank BBM to begin clearing operations without USD in July
The first institution accredited to operate the China Interbank Payment System (Cips) payment platform in Brazil, Bocom BBM plans to begin in July clearing operations between Brazil and China without the use of the dollar.
Angola
04 April 2023

Legal Update/Angola: Foreign exchange operations rules
Angola has updated legislation on foreign exchange operations, for individuals and banks, according to official legal database Legis-PALOP+TL.
Brazil
31 March 2023

Brazil and China central banks agree to boost yuan-real transactions
The central banks of Brazil (BC) and China (PBC) signed a memorandum of understanding to enable a financial instrument that allows transactions to be made in yuan, Chinese currency, and converted into reais in " faster and less costly way".
Mozambique
14 March 2023

Legal Update/Mozambique: Valuation Exchange Rate Regime
The Bank of Mozambique (BoM) has updated the the Valuation Exchange Rate Regime and the Exchange Rate Unicity Principle, according to official legal database Legis-PALOP+TL.
Angola
10 March 2023

Stock trading on Angolan stock exchange BODIVA “modest” after two bank IPOs
The Angolan stock market (BODIVA) saw the IPO of minority stakes in two Angolan banks in 2022, but stock trading is still "modest", according to Eaglestone Securities.
Brazil
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
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