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Angola
23 February 2023

Legal Update/Angola: Bank accounts rules for financial institutions
Angola has revised the rules for Banking Financial Institutions, when opening, maintaining, operating and closing bank accounts, according to official legal database Legis-PALOP+TL.
Mozambique
20 February 2023

Mozambique GDP growth to accelerate in 2023-25
Mozambique´s GDP growth is set to accelerate in 2023-25, with the economy´s post-pandemic recovery gaining momentum and benefiting from the start of off-shore natural gas production, according to Eaglestone Securities.
Mozambique
16 February 2023

Legal Update/Mozambique: Value Added Tax Code
Mozambique has reviewed its Value Added Tax (VAT) Code, establishing new exemptions for exchanges of goods and services, according to official legal database Legis-PALOP+TL.
Brazil
13 February 2023

China’s central bank sets up yuan clearing arrangements in Brazil
China's central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, in a move to help boost the currency's global clout.
Angola
10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
Brazil
19 January 2023

Brazilian fintech backed by China’s Tencent gets USD 150 million loan to expand in Latin America
Nubank, the Brazilian fintech backed by China’s Tencent Holdings, secured a loan of up to USD 150 million from the International Finance Corp, the private lending arm of the World Bank, to grow its business in Latin America.
Portugal
18 January 2023

EDP goes ahead with EUR 1 billion debt offering
Portuguese energy group EDP, whose biggest shareholder is China Three Gorges, is going ahead with a EUR 1 billion debt offering.
Angola
12 January 2023

Angola to keep ‘significantly reducing’ public debt ratios in 2023
Angola´s public debt ratios have fallen significantly in 2021-22 and will keep falling in 2023, while the economy wil grow above 3%, according to Eaglestone Securities.
Angola
03 January 2023

Angolan President diversifying external partnerships “away from over dependence on China”
Angolan President João Lourenço is diversifying the country´s external partnerships "away from over dependence on China", which is its main creditor, according to a new report by Chatham House.
China
08 December 2022

Macau approves launch of second exchange for small Chinese companies
A microfinancing platform, backed by former Hong Kong stock exchange chief, has won approval to set up Macau’s second financial exchange that will allow foreign investors to invest in financing products issued by small Chinese companies.
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