The Government of Guinea-Bissau wants cashew exports to increase from 150,000 to 200,000 tonnes per year, said the country’s Minister of Commerce Serifo Embaló.

Angola’s State Budget for 2015, approved last week by the country’s parliament, outlines a deficit of 1.03 billion kwanza (US$10.1 million). The Government said the shortfall is to be covered by financing from domestic and international credit lines.

Trade between Mainland China and Macao increased by 3.7 percent year-on-year in the first 11 months of 2014, faster than the overall growth of China’s external trade, official news agency China News Service reports.

China has approved the establishment of three more free trade zones (FTZ), including one in Guangdong Province, following the lead of Shanghai.

China’s fiscal spending in November ticked up as local governments rushed to splurge the budget money allocated for this year to spur the economy, according to the Ministry of Finance.

The Bank of Portugal expects the country’s economy to grow 0.9 percent in 2014, down a tenth of a percentage point on the government’s forecast. The Portuguese central bank estimates growth of 1.5 percent in 2015, in line with the government’s estimate, according to the bank’s Winter Economic Bulletin.

Banco Nacional Ultramarino (BNU) has launched East Timor’s first mobile wallet product, called BNU Mobile, in partnership with Timor Telecom, and with support from the United Nations’ Inclusive Finance for the Under-Served Economy (INFUSE) Programme and MicroSave, an international financial inclusion consulting firm.

China’s consumer prices grew at the slowest pace in five years in November as its factory gate price further declined, signalling room for more easing measures by the Chinese government.

The Governor of the Bank of Mozambique, Ernesto Gove, asked four banks operating in the country to offer more affordable interest rates to small- and medium-sized enterprises (SMEs), reports local newspaper Notícias.

The Bank of Cape Verde forecast that the country’s economy will grow between 1 percent and 2 percent in 2014 and as much as 3 percent in 2015, reports local newspaper A Semana.

China and Brazil are aiming for closer technological cooperation following the launch of a fifth satellite under a bilateral space cooperation programme.

Sonangol vows to reach target of 2 million oil barrels per day