Senator Armando Monteiro Neto was confirmed this week as Brazil’s new Minister of Development, Industry and Foreign Trade. Mr Monteiro Neto became the fourth new minister announced by President Dilma Rousseff for her second term in office.

China’s official manufacturing Purchasing Managers’ Index (PMI) fell to an eight-month low in November, which analysts say could add pressure on the Government to roll out more economic stimulus.

The value of trade between Macao and Mainland China increased by 17 percent year-on-year to US$340 million in October, show data published by China’s Ministry of Commerce.

Domingos Simões Pereira, Prime Minister of the Republic of Guinea-Bissau, is visiting the neighbouring African state of Cape Verde this week in a bid to resume the co-operation programme that was suspended following the April 2012 coup.

China’s top securities regulator has completed a draft plan to reform the nation’s stock issuance regime, official news agency Xinhua reports.

The government says Brazil’s economy has pulled out of the recession it slipped into after the second quarter of the year.

The Nacala International Airport, on the northern coast of Mozambique, will be inaugurated on December 13, said the country’s Minister for Transport and Communications quoted by local media.

Macao’s Chief Executive Chui Sai On today announced members of his new cabinet who would serve with him as he embarks on his second as Chief Executive, describing them as relatively young and who would uphold the traditions and bring in vitality and innovation to the Government.

China has overtaken Japan as the world’s second-largest stock market by capitalisation for the first time since March 2011. It follows the resumption of initial public offerings (IPO) in China and the expectation of more domestic economic stimulus from the Central Government.

Angola’s Minister for Planning and Territorial Development, Job Graça, said the country’s agriculture sector is set to grow about 12 percent in 2015, contributing to a 9.7 percent growth in gross domestic product (GDP). Construction, crude oil, manufacturing and commercial services will also be important contributors to the country’s GDP, Mr Graça said, according to Angola’s news agency Angop.

China’s government will lower the threshold of access in some industries to spike investment amid the sluggish economy, China’s cabinet the State Council announced this week.

The Mozambican government is in the final phase of drafting complementary regulations for laws covering the mining and petroleum industries, the Permanent Secretary of the Ministry of Mining Resources said, according to local media reports.