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China
06 July 2020
China´s Keda Industrial to build a ceramic factory in Mozambique
Chinese group Keda Industrial Co Ltd has received a loan from the International Finance Corporation, the World Bank's private sector body, which will be partially used to build a ceramic factory in Mozambique.
Angola
03 July 2020
Portugal´s Government takes Control of Efacec from Isabel do Santos and Looks for New Shareholder
The Portuguese government took control of a stake held by Angolan investor Isabel dos Santos in Efacec Power Solutions as it tries to help the manufacturer find a new shareholder, which could be a Chinese company.
Angola
03 July 2020
Chinese Construction Companies to Resume Work in Angola
The Government of Angola has authorized the resumption of works in 13 priority and strategic projects in the Transport sector, including by Chinese construction companies.
Angola
30 June 2020
IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
Angola
24 June 2020
Hong Kong´s Sunshine Industry Gets Concession in Angola to Mine Rare Mineral
Mining company Niobonga is investing USD 100 million to launch, in the second half of 2020, the exploration of niobium, in the Angolan province of Huíla.
China
23 June 2020
Human Rights and Trade Issues Cast Shadow on China-EU Relations
The 22nd European Union-China bilateral Summit, on 22 June 2020, was rocked by disagreement between the two powers on human rights issues and also the european demand of a "level playing field" on trade.
Brazil
01 June 2020
Brazil Mining Sector Not Making the Most of Australia-China Trade Tensions
In the mining sector, one of Brazil´s strongest, the South American country´s own problems are stopping it from gaining quota.
Angola
27 May 2020
China Supplies Aircraft to Angolan Air Force
The National Air Force of Angola (FANA) has started receiving its new Hongdu K-8W “Karakorum” training/ light attack aircraft, built by AVIC from China. According to an industry expert, FANA will operate a total of 12 such airplanes.
Angola
07 May 2020
New “Highly Prospective” Rare Earth Mining Project in Angola
A new "highly prospective" rare earth mining project has opened up in Angola, according to Australian miner Pensana Metals, which has the Angolan Sovereign Wealth Fund as a shareholder.
Angola
03 May 2020
Angola´s Easing of State of Emergency Allows For Lulo Diamond Mine to Resume Activity
On 24 April 2020, a new Presidential Decree amended certain restrictions to allow essential industries to return 50% of their employees to the workplace. Among the first to announce return of operations, in a scaled manner, is Lulo diamond mine.
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