The government says Brazil’s economy has pulled out of the recession it slipped into after the second quarter of the year.

The Nacala International Airport, on the northern coast of Mozambique, will be inaugurated on December 13, said the country’s Minister for Transport and Communications quoted by local media.

Macao’s Chief Executive Chui Sai On today announced members of his new cabinet who would serve with him as he embarks on his second as Chief Executive, describing them as relatively young and who would uphold the traditions and bring in vitality and innovation to the Government.

China has overtaken Japan as the world’s second-largest stock market by capitalisation for the first time since March 2011. It follows the resumption of initial public offerings (IPO) in China and the expectation of more domestic economic stimulus from the Central Government.

Angola’s Minister for Planning and Territorial Development, Job Graça, said the country’s agriculture sector is set to grow about 12 percent in 2015, contributing to a 9.7 percent growth in gross domestic product (GDP). Construction, crude oil, manufacturing and commercial services will also be important contributors to the country’s GDP, Mr Graça said, according to Angola’s news agency Angop.

China’s government will lower the threshold of access in some industries to spike investment amid the sluggish economy, China’s cabinet the State Council announced this week.

The Mozambican government is in the final phase of drafting complementary regulations for laws covering the mining and petroleum industries, the Permanent Secretary of the Ministry of Mining Resources said, according to local media reports.

Dutch brewer Heineken NV is expected to invest up to US$40 million to build a manufacturing plant in East Timor, says the Government. The brewer, through Singapore-based Heineken Asia Pacific Pte Ltd, will produce beer and other alcoholic, low-alcohol and non-alcoholic beverages, as well as drinkable water, the Government said in a statement.

A consortium involving state-owned China Road and Bridge Corp won a bid for US$110 million to build a bridge in Angola, according to the Economic and Commercial Counsellor’s Office of the Chinese Embassy in Angola.

Portugal’s proposed national budget for 2015 was approved in parliament by Prime Minister Pedro Passos Coelho’s centre-right Social Democrats (PSD) and CDS, its junior partner in the governing coalition.

The European Union (EU) and Guinea-Bissau signed this week a new three-year protocol as part of the Fisheries Partnership Agreement, said the European Commission in Brussels.

The Industrial and Commercial Bank of China (ICBC) has granted a loan of US$120 million to Angola, to be used to finance a real estate project on the outskirts of the capital Luanda, according to a presidential order quoted by online news portal Macauhub.