The entourage of the Chinese state-owned infrastructure company, CRRC Corporation Limited, was received on the 24th of August, by the governor of Rio de Janeiro, Cláudio Castro, and signed a letter of intent for Line 3 of the Metro with the government. The work will be carried out according to the DLS model, which covers everything from construction design to intelligence-supported operations.

Fundação Oriente signed an agreement with the Chinese company Vcredit, with the aim of selling 100% of Banco Português de Gestão, reports ECO on the 25th of August. For the deal, Chinese buyers will have to pay more than 20 million euros, however, variables can be added and the value can rise to 35 million.

Pyxis Ocean, the cargo ship powered by wind energy, set sail on its first trip on the 21st of August, with its final destination in Brazil. The vessel is equipped with special sails produced in China, which aim to reduce fuel consumption and, consequently, the carbon footprint.

Guinea-Bissau will participate for the first time in the China International Import Exhibition (CIIE), the largest Chinese fair dedicated to foreign products, scheduled for November in Shanghai, informed the Chinese embassy in Bissau on the 24th of August.

Brazil's National Bank for Economic and Social Development (BNDES) announced on the 23rd of August that it had signed a US$500 million foreign loan agreement with the China Development Bank (CDB), the Chinese development bank.

On the 23rd of August, Brazil's Finance Minister, Fernando Haddad, said that the Brazilian government has submitted a proposal to the Argentine government so that the two countries can use the yuan, China's official currency, in commercial transactions. According to Haddad, if the measure comes into force, it could increase the volume of exports from Brazil to Argentina.

Suzano, the Brazilian pulp and paper company, has been receiving strong demand from pulp producers in China, who have reduced production to buy from third parties in the face of low prices for the commodity on the global market, the company's president, Walter Schalka, said on the 23rd of August.

Poems from Mozambique, Portugal and Brazil were among the six winners of the inaugural edition of a Chinese translation prize for poetry in Portuguese and Spanish, announced on the 22nd of August.

Embraer's E195-E2 jet, the largest of the E-Jet family, received type certification from the Civil Aviation Administration of China (CAAC).

The Minister of Agriculture and Livestock of Brazil, Carlos Fávaro, announced on the 22nd of August the official certification of Brazilian cotton to Yuan Fei, president of Chinatex, a Chinese state-owned company focused on the textile industry.

The Mozambican authorities are finalizing negotiations with the two consortia that won the sixth Concession of Areas for Research and Production of Hydrocarbons, pending the approval and signature of the respective contracts.

Telecommunications operator Vodacom refers that '2Africa', considered the largest submarine telecommunications cable system in the world, arrived on August 15 in the city of Nacala, Nampula province, connecting the optical fiber to the new 'data center, which was also opened locally by Master Power Technologies, a partner in the project, which will connect 33 countries, 19 of which are in Africa.