Angola’s amended State Budget proposal for 2015 includes cutting public spending by a third and reducing estimates for GDP growth to 6.6 percent, local media report.

Portugal’s total exports grew last year but the expansion rate slowed compared to 2013, data from Statistics Portugal showed on Monday.

China’s foreign trade dropped by 10.8 percent in January after the steepest decline in imports in nearly six years, figures from the Chinese General Administration of Customs show.

China will send a permanent mission to the headquarters of the African Union in Addis Ababa, capital of Ethiopia, reported China’s state-owned English-language newspaper China Daily.

The Government of Angola chose Goldman Sachs to lead a group of international banks allowed to act as agents in “representation of the Republic of Angola” in negotiation of its sovereign debt. The group includes the Industrial and Commercial Bank of China (ICBC) and BNP Paribas, according to a presidential decree from Angola seen by Portuguese news agency Lusa.

The European Union (EU) on Thursday raised this year’s growth forecast for Portugal.

China has offered a total of 370 computers to the Government of Guinea-Bissau, a statement from the Chinese Embassy in Bissau, the African country’s capital, said on Tuesday.

East Timor’s Prime Minister Xanana Gusmão has tendered his resignation to President Taur Matan Ruak.

Brazil’s commodity price index recorded a monthly drop of 5.14 percent in January.

Mozambique’s new government plans to submit the national budget for 2015 to the Parliament in early March, according to Minister of Economy and Finance Adriano Maleiane.

The People’s Bank of China on Wednesday announced a cut in the amount of cash that banks must set aside as reserves. This was the first time in over two years that China’s central bank eased bank reserve requirements.

Mozambique remains resilient to global macroeconomic challenges, said the Governor of the Bank of Mozambique, Ernesto Gove, on Friday.