Officials from Angola and Industrial and Commercial Bank of China have signed an agreement for Angola to borrow US$4.5 billion to build a hydroelectric dam on the Kwanza River, Angop reports.

The Chinese Embassy has presented a proposal to create a Mandarin school in Albufeira, a popular resort city in Portugal’s southern Algarve region, Diário Online Algarve reports.

The Bank of Communications has completed the purchase of an 80-percent stake in Brazilian lender Banco BBM on Wednesday.

China has donated 10,000 tonnes of rice worth US$10 million to Mozambique, the state-run news agency Xinhua reports.

Technology giant Baidu is willing to invest in Brazil irrespective of the country’s economic health, the China Daily reports.

The Mainland says it will donate about 3 million yuan (US$435,700) to fund healthcare-related projects in Cape Verde, reports Rádio Televisão de Cabo Verde.

A subsidiary of state-owned China National Building Material Group Corp has won a contract to engineer and build a 221-MW solar farm in Portugal, the company said this week.

The economy of Mozambique is expected to grow by 5.5 percent next year, after growing by 3.4 percent this year, according to the official government forecast.

The Mainland has delivered 1.2 tonnes of rice to Cape Verde in support of a meal distribution programme for schools, kindergartens and charities, Inforpress reports.

Angola’s Minister of Health Luís Gomes Sambo has stressed the importance of co-operating with the Mainland in the area of healthcare, Jornal de Angola reports.

A competition for Chinese-Portuguese translation has been launched by the Tertiary Education Services Office and Macao Polytechnic Institute, the Jornal Tribuna de Macau reports.

The Cape Verde government has awarded an Honourable Mention to a Chinese medical team for its “relevant” contribution to the African country’s healthcare sector and the country overall, A Semana reports. The newspaper reports that eight Chinese doctors working at the Agostinho Neto Hospital in the capital, Praia, have received accolades for their work over the past two years. China sends medical teams to Cape Verde for a two-year rotation, the report says.