2015-01-28
Angola’s amended State Budget should be ready by February. New assumptions about the global price of oil would slash US$14 billion from this year’s budget, according to documents from the Ministry of Finance seen by Portuguese news agency Lusa.
2015-01-28
The Government of Cape Verde has put its 10 percent stake in Banco Comercial do Atlântico (BCA) up for sale. BCA is the country’s largest retail bank.
2015-01-27
Lawyers’ firms from Cape Verde, Portugal and Macau inked a partnership to promote investment opportunities between the three sides.
2015-01-27
The number of companies registered with Mozambique’s Tax Authority increased by 19.44 percent in 2014, according to official data.
2015-01-27
Large Chinese industrial businesses saw their profits increase by 3.3 percent year-on-year in 2014, despite an 8-percent plunge in December, the Chinese National Bureau of Statistics announced on Tuesday.
2015-01-26
The Government of East Timor started the process of creating the National Development Bank, which it says it will be important for the economic and strategic development of the country, according to a statement from the Council of Ministers.
2015-01-26
Africa was the fastest-growing market for Chinese goods last year, with Chinese exports to the continent growing by 14.4 percent, stated the Chinese General Administration of Customs.
2015-01-26
The draft law simplifying the process for setting up new companies in Angola will be subject to a final vote this week. The bill got the nod from the Commission of Economy and Finance of the National Assembly last week, reports Angolan news agency Angop.
2015-01-23
China was the biggest importer of agricultural and livestock products from Brazil in 2014, according to data from the Foreign Trade Statistics System of the Brazilian Agribusiness (Agrostat).
2015-01-23
The Authority for the Special Administrative Region of Oecusse, a special economic area earmarked by the Government of East Timor to spearhead local infrastructure development in 2015, will be sworn in this week.
2015-01-23
The uncertainties on regulation and the risk of an increase in “resource nationalism” may reduce investors’ interest and postpone investment projects in Mozambique’s oil and liquefied natural gas (LNG) sectors, warns consultancy Business Monitor International (BMI).
2015-01-22
Angola’s fiscal receipts from the export of oil totalled 2.83 trillion kwanzas (US$27.3 billion) in 2014, down by 500 billion kwanzas from a year earlier, or 17.6 percent, as prices on international markets slid.
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