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Brazil
27 June 2024
Chinese Automaker GAC to Invest USD 1 billion in Brazil
Brazilian vice-president Geraldo Alckmin and Feng Xingya, chairman of GAC Group, held intensive discussions on deepening cooperation and boosting the Chinese automaker´s presence in the Brazilian market.
Mozambique
26 June 2024
Mozambican Defence Ministerin China to Sign “Important” New Deals
Mozambican Defence Minister Cristóvão Chume will visit China this week until Saturday, at the invitation of his Chinese counterpart, to strengthen friendship and cooperation ties in the area of defence.
Angola
26 June 2024
Chinese-funded Aluminum Industrial Park Adds to Angola’s Economic Diversification
A Chinese-invested industrial park in Angola, with an initial investment of USD 250 million, is expected to create a comprehensive aluminum industry chain, boosting the national industry and aiding economic diversification.
Portugal
07 June 2024
Mota-Engil Adds EUR 135 Million Contract in Brazil
Portuguese infrastructure group Mota-Engil, whose shareholders include China Communication and Construction Corporation (CCCC) has signed a new contract in Brazil for EUR 135 million, in a consortium with 2 companies.
Mozambique
20 May 2024
India´s JSW Steel Acquires New Mine in Mozambique
India´s JSW Steel approved the acquisition of mining company Minas de Revuboe (MDR) in Mozambique to secure supplies of high-quality coking coal used for steel production.
Brazil
07 May 2024
Chinese Cars are Staying in Brazil for Good
The massive influx of Chinese cars into Brazil is transforming the entire automotive market, with prices falling not only for electric competitors, but also for combustion vehicles, according to a report published by the Brazilian Bank BTG Pactual.
Angola
06 May 2024
Angola Among Countries Were Number of Chinese Fell the Most
The number of Chinese workers across Africa has dropped significantly to its lowest level in more than a decade, with Angola recording one of the steepest falls.
Portugal
01 April 2024
Mota-Engil Board to be Extended to 19 Members
The shareholders of Mota-Engil will vote in the general meeting on April 18th the re-election of the Board of Directors for the 2024-2026 term , as well as its extension to 19 members .
Mozambique
27 March 2024
Legal Update/Mozambique: Regulation of the Private Investment Act
Mozambique has approved the Regulation of the Private Investment Act, already into force, revoking the previous Regulations of the Investment Law, , according to official legal database Legis-PALOP+TL.
Portugal
25 March 2024
Chinese Automakers Chery and XEV Ponder Investing in Portugal
At least five Chinese companies are considering setting up factories in Portugal, including car manufacturers Chery and XEV, the Chinese ambassador in Lisbon told Lusa.
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