Two farms in Angola operated by Chinese state-run conglomerate Citic Group “are serving as a showcase of modern agriculture” in that country official Chinese news agency Xinhua reported this week.

China and Brazil will launch a new satellite in December 2018, Brazil’s Ministry of Science, Technology and Innovation announced this week. The CBERS-4A satellite would be the sixth to be developed under the China-Brazil Earth Resource Satellite (CBERS) programme, after the fifth is launched in 2016.

Brazil recorded in November its third worst primary public sector budget deficit so far, news agency Reuters reported.

China created more than 64 million new jobs for residents in urban areas in the past five years, Chinese state-run news agency Xinhua reported on Tuesday.

China imported 39.06 million tonnes of soya bean produce from Brazil in the first 11 months of this year – up 22.7 percent from the prior-year period – according to data from the Brazilian Secretariat of Foreign Trade.

Angola’s central bank last week raised its benchmark interest rates, it said in a statement. The National Bank of Angola announced it had increased the rate from 10.5 percent to 11 percent. The central bank added its standing lending facility interest rate had been increased by 50 basis points to 13 percent.

China will launch at least 200 new international air routes in 2016, Chinese state-run newspaper China Daily reported last week.

A Chinese agricultural technology demonstration centre in Mozambique has trained more than 1,000 locals in the use of such equipment, Chinese state-run news agency Xinhua reported on Monday.

China will fund construction of the University of Cape Verde’s new campus, the Cape Verde Government announced last week. China’s Ambassador to Cape Verde, Du Xiaocong, confirmed China’s involvement in a meeting last Wednesday with the African nation’s Prime Minister, José Maria Neves, said a press release issued by the Cape Verde Government.

The Asian Infrastructure Investment Bank (AIIB) – a China-led financial institution with multilateral support – was formally established on Friday. Brazil and Portugal are among the bank’s 57 founding members.

Brazilian aviation conglomerate Embraer has recently delivered two E195 twin-engine jet aircraft to Tianjin Airlines in China, the South American firm said in a statement.

China and Cape Verde signed on Monday an agreement to enable regular formal political and diplomatic consultation between the two nations, media in the latter country reported.