The power generator CTG Brasil, a subsidiary of China Three Gorges Corp, closed last year with a net profit of 2.3 billion reais, an increase of 30.5% compared to 2021, when the water crisis impacted the production of its hydroelectric plants.

The National Stadium was reopened on the 21st of March after receiving rehabilitation works as a result of the partnership between the governments of Cabo Verde and China. The company Shannxi Construction Engineering was executing the works.

On the 20th of March, ExxonMobil said that the consortium of oil companies in Area 4 gas exploration in northern Mozambique wants to resume the project of liquefaction plant in Cabo Delgado, a project announced in 2018 but whose investment has been delayed.

Representatives of Embrapa Soja and the Chinese Academy of Science met on the 20th of March in Londrina to discuss research projects for the cultivation of oilseeds in Brazil.

According to the president of the Angola-China Chamber of Commerce, Luís Cupenala, who said on the 18th of March, at the launch of the sales of the “Orlando Residencial” residences, three thousand jobs have already been created in this first phase of construction, in the Chinese project estimated at $400 million, equivalent to 204.8 billion kwanzas. With the building, ten thousand jobs are being created in the private sector of civil construction.

On the 18th of March, the Chinese group African Sunrise Investment laid the first stone for the construction of the New Era Shopping Centre in Cacuaco, Luanda, a project estimated at over US$200 million, which will be transformed into a large wholesale shopping complex.

Antaisolar, a Chinese supplier of photovoltaic equipment based in Xiamen, announced the signing of an agreement to supply 187 MW of solar trackers for a solar energy project developed by Cemig in Minas Gerais. The equipment serves to change the position of the photovoltaic panels throughout the day, maximizing the incidence of solar rays.

Procurement data was presented by officials from the National Procurement Commission (CNA) of Timor Leste at a seminar on infrastructure, where they detailed data on the nationalities of the companies to which contracts were awarded.

On the 18th of March, the mayor of Aparecida de Goiânia, Vilmar Mariano, honored the inauguration of Comazi Máquinas e Equipamentos. The company will sell tractors and other agricultural machines of the Chinese brand YTO.

The Minister of Foreign Affairs, International Cooperation and Communities of Guinea-Bissau, Suzi Carla Barbosa, said on the 17th of March, that the inauguration of the Fish Processing and Conservation Unit is the realization of government’s objectives, which has an enormous impact both on the economy of the country and at the social level.

China is buying corn from Brazil’s second crop in advance at a time when producers have not even finished sowing the cereal in the world’s third-largest producer of the commodity.

The new Metro do Porto carriage made in China arrived in Portugal in February. Now, it is being tested so that it can enter circulation, guaranteeing all safety standards.