Brazilian businesses planning to invest in Angola can benefit from Brazil’s Export Financing Programme (Proex) starting from 2015, said the president of the Brazil-Angola Chamber of Commerce, Simão Grilo dos Santos.

The Monetary Policy Committee of the Bank of Mozambique has announced that the central bank’s key interest rates will remain unchanged for the rest of the year.

Members of the Economic Community of West African States (ECOWAS) are set to launch the regional Common External Tariff (CET) on January 1. The new tariff will apply to Cape Verde and Guinea-Bissau, members of ECOWAS.

The number of new enterprises registered in China has surged by more than half in the calendar year to October 31 after the streamlining of the approval process, the Chinese Government says.

The China Development Bank (CDB) will provide a new US$2 billion credit line to Angola’s state oil company Sonangol. The agreement was signed last week in Luanda, reports Angola’s news agency Angop.

The Government of Guinea-Bissau wants cashew exports to increase from 150,000 to 200,000 tonnes per year, said the country’s Minister of Commerce Serifo Embaló.

Angola’s State Budget for 2015, approved last week by the country’s parliament, outlines a deficit of 1.03 billion kwanza (US$10.1 million). The Government said the shortfall is to be covered by financing from domestic and international credit lines.

Trade between Mainland China and Macao increased by 3.7 percent year-on-year in the first 11 months of 2014, faster than the overall growth of China’s external trade, official news agency China News Service reports.

China has approved the establishment of three more free trade zones (FTZ), including one in Guangdong Province, following the lead of Shanghai.

China’s fiscal spending in November ticked up as local governments rushed to splurge the budget money allocated for this year to spur the economy, according to the Ministry of Finance.

The Bank of Portugal expects the country’s economy to grow 0.9 percent in 2014, down a tenth of a percentage point on the government’s forecast. The Portuguese central bank estimates growth of 1.5 percent in 2015, in line with the government’s estimate, according to the bank’s Winter Economic Bulletin.

Banco Nacional Ultramarino (BNU) has launched East Timor’s first mobile wallet product, called BNU Mobile, in partnership with Timor Telecom, and with support from the United Nations’ Inclusive Finance for the Under-Served Economy (INFUSE) Programme and MicroSave, an international financial inclusion consulting firm.