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Mozambique
22 January 2021

Japan’s Mitsui & Co Exits Mozambique Coal Mine
Japan’s Mitsui & Co has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil’s Vale, the operator of the projects.
Uncategorized
20 January 2021

China to Focus ‘Covid Diplomacy’ on Commodities-Rich African Countries
China wants to become 'partner-of-choice' for African governments in the battle against Covid-19, especially those that produce commodities necessary under Made in China 2025 strategy, according to the Economist Intelligence Unit (EIU).
Brazil
13 January 2021

China Auto Makers Sought in Brazil After Ford Closes Factories
Brazilian authorities in the State of Bahia (northeast) are looking for investment from Chinese car manufacturers, after Ford announced it will close its factories there.  
Angola
12 January 2021

USD 662 million Fuel Terminal to Boost Angola’s Storage Capacity
Angola is set to boost its onshore storage capacity for refined oil products with a new USD 662 million terminal involving United Arab Emirates (UAE) companies, now approved by the Government.
China
06 January 2021

New Chinese-built USD 330 million Cement Plant Starts up in Mozambique
The new Chinese-built cement production plant in Matutuíne district, Mozambique's Maputo province, began tests this week and will start production in February.
Angola
06 January 2021

Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021
Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.
Angola
14 December 2020

Angola Calls for Chinese Investment in Renewable Energy and Manufacturing
Angola is seeking Chinese investment in solar energy, wind power and biodiesel, as well as in electrical components and hardware manufacturing, the country´s ambassador to China has said.
Angola
08 December 2020

Angolan Rare Earths to be Processed in the UK
Australian miner Pensana has selected Saltend Chemicals Park to install a rare earths industrial facility that will process raw material from Angola´s Longonjo mine, whose development is supported by China Great Wall Industry.
Mozambique
06 December 2020

South-Korean Industrial Group POSCO Looking for Stakes in Mozambique Mines
South-Korean industrial group POSCO is considering buying stakes in graphite mines in Australia and Mozambique, to reduce its reliance on China for the material.
Brazil
03 December 2020

Brazil´s Vale Production Bellow Forecast, as Demand from China Soars
The lowering of iron ore output forecasts by Brazilian miner Vale, the world´s biggest global producer of the material, led to a seven-year high on prices Wednesday. 
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