Standard Bank recently participated in the third biennial edition of the China-Africa Economic and Trade Expo (CAETE), which took place in Hunan province, China, having invited, within the scope of promoting the export of products and the connection from Mozambican companies to new markets, three national companies taking part in the event, namely the National Sustainable Development Fund (FNDS), Moi International and Agritec, which operate in the agricultural sector.

Brazil’s beef exports had a recovery in June, but closed the semester with a drop of 3.8%, to 1.02 million tons, with the sector dealing with an embargo from China (already suspended), data from the Abiec, an association that brings together the country’s main exporters.

The Minister of Health of Cape Verde, Filomena Gonçalves, on the 4th of July expressed her deep gratitude and appreciation to Chinese doctors for the fundamental role played in strengthening the country’s health system. During the recognition ceremony of the Chinese medical team, the Minister emphasized the hard work and dedication of these professionals.

The CEO of the Brazilian mining company Renato Lira has signed a letter of intent with the Chinese group Taizhou Silese Overseas Technology Co Ltd, represented by business manager Jin Woof. The objective of the partnership is to explore ore in the Guanambi region.

“Brazil and China are two major developing nations with global impact. Both are also comprehensive strategic partners that have common interests and assume broad responsibilities on the international stage,” said Tian Min, Consul General of China in Rio de Janeiro, while opening the meeting with Brazilian journalists.

The Luachimo Hydroelectric Power Plant, in Dundo, capital of Lunda-Norte, Angola, may start full operation with the four turbines between the end of August or early September this year.

On the 5th of July, the construction began on a primary school donated by the Chinese company Sinohydro in the rural area of Xangongo, in the Angolan province of Cunene.

The Municipality of Redentora, together with the Brazil-China Health Forum and the Small Farmers Movement (MPA), will promote it on July 10 at the Auditorium of the Municipal Health Secretariat.

The Malawian government signs a partnership agreement with the Chinese company CRCC da China for the continuity of the project to rebuild the railway line, Vila-Nova-da-Fronteira in Mutarara – Tete à Limbe, in Blantyre.

Trading company Cofco International, Rabo Foundation of Dutch bank Rabobank, and Consórcio Cerrado das Águas (CCA) announced the first “impact finance”, which is aimed at water resilience in Brazilian coffee farming on the 5th of July.

On the 5th of July, Xiaomi announced an event to inaugurate its first official kiosks in Belo Horizonte (MG). The Chinese manufacturer’s goal is to expand its presence in the Brazilian market with new sales points in malls and increase public access to the brand’s network of physical stores in a new region.

An investment of about US$200 million may soon be applied in the province of Bengo, Angola, for the construction of an aluminum factory. For this purpose, an agreement was signed between Angolan company Sino Ord Park Industrial and China’s O.T.International, witnessed by the governor of Bengo, Maria Antónia Nelumba, at the 3rd China-Africa Economic and Trade Expo, which was held in Hunan province.