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Calendar of events
2010-03-08
Cape Verde's hotel network counted 11,720 beds in 2009 Bond issue by Tecnicil property developer on Cape Verde exchange beyond expectations Portugal's Galp Energia begins contacts to form oil exploration consortium in Sao Tome and Principe Mozambican government may revise state budget due to lack of funds Brazil to forgive part of Cape Verde's debt Sale of Portugal's stake in Cahora Bassa Hydroelectric agreed with Mozambique Ireland's Kenmare Resources issues shares to finance project expansion in Mozambique Mozambique present in two more tourism fairs ahead of World Cup in South Africa Angola began year as China's top oil supplier
2010-03-05
Road between Chimoio and Mossurize in Mozambique to be paved Britain’s BP sells business units in 5 African countries to focus on Mozambique and South Africa Mozambique one of the beneficiaries of European Union fund for infrastructure in 2009 Portugal’s stake in Cahora Bassa dam to be sold to Portuguese companies Brazil and Sao Tome and Principe sign cooperation programme Portuguese credit line to Cape Verde exclusive to Portuguese-Cape Verdean consortiums Portugal’s Portucel/Soporcel group to invest 2.3 billion euros in Mozambique Portugal to provide 1 billion euros for development projects in Mozambique
2010-03-04
Brazilian senate assesses partial pardon of Cape Verde’s debt Portugal’s EDP to invest US$1.118 billion in Brazil Portugal considers selling 15 percent stake in Cahora Bassa Dam, Mozambique Portugal to continue to fund Mozambique’s state budget Luanda International Fair announces agreement with Portuguese Industrial Association UK to provide funding of £26 million for wind energy in Cape Verde Luso-Moçambicano bank to fund construction of Mpanda Nkuwa dam in Mozambique China’s trade with Portuguese-speaking countries doubles in January
2010-03-03
Australia’s VECCI supports East Timor in setting up chamber of commerce Portuguese government doubles credit line to Mozambique to 400 million euros Mozambican government to invest US$7.3 million in agricultural campaign IMF believes Mozambique capable of managing donor delay in providing budgetary aid Industrial gas factory in Cabinda, Angola, has higher capacity than demand Sao Tome and Principe starts auction of oil blocks East Timor government approves construction of dock for frigates built in China Port of Maputo, Mozambique to process 8.7 million tons of cargo in 2010
2010-03-02
Galp Energia, Sonangol and Petrogas may form consortium for oil exploration in Sao Tome and Principe Cape Verde air carrier TACV starts flights to Madrid in July Turnover at Empresa Moçambicana de Seguros rises 1.29 pct in 2009 Portugal and Mozambique to sign cooperation deals Brazil’s Petrobras to double production at its biggest biodiesel unit Norway to provide financial aid for projects in Mozambique over next three years IMF begins mission to review loan to Angola Assembly of Cambambe power transmission line in Angola is underway
2010-03-01
Group of donors to begin handing over cash to Mozambique in April FAO and Italy support agricultural statistics production in Mozambique IMF provides new loan to Sao Tome and Principe Cape Verde’s balance of trade deficit reduced 10.5 percent in 2009 Cape Verdean government gives go ahead to Libyan bank to open Cape Verde government sets up social bank with Banco Português de Gestão Government of Sao Tome and Principe to auction just 7 of 19 oil blocks Trains running between Beira and Moatize, Mozambique International crisis has not put investors off Mozambique
2010-02-26
Angola's Sonangol interested in oil exploitation in Sao Tome and Principe Angolan government created 330,000 jobs in 2009, says minister Mozambican government sets up commission to oversee mining activity Portuguese government approves fund to back investment in Mozambique No state financing for Mozambique's public companies in crisis Cape Verde's parliament approves law liberalizing the casino gambling sector Angola's Sonangol earned US$2 billion in profits in 2009 LAM Mozambique Airlines to resume flights to Europe
2010-02-25
Mota-Engil signs partnership contract to set up company in Angola PriceWaterhouseCoopers Angola to contract personnel in Portugal Entrepreneur invests in fish transformation in Angola Cape Verdean government wants to register ‘Cape Verde' brand as tourist destination Cape Verdean parliament to legislate on gambling Brazilian groups Vorotantim and Camargo Correa take control of Cimentos de Portugal Heerema Marine Contractors to build shipyard in Angola Macau's economy estimated to fall 2.6 in real terms in 2009 - The Economist
2010-02-24
Macau offers best prices for access to information and communication technologies - UN Angolan private group to repair roads and bridges in Malanje Angola has 100,000 hectares ready for housing construction Groups from Angola and Portugal acquire Spanish stake in Portuguese company Cape Verdean government signs agreement to use credit granted by France Angola's offshore oil production may double Nigeria's in 2020 Tourism promotion in Mozambique to follow integrated approach - Inatur Mozambique wants to make Cabo Delgado, Niassa and Nampula provinces an international tourist destination
2010-02-23
Cape Verdean government signs contract to modernize Santo Antao port International Gold Exploration acquires diamond operations in Angola Angola's foreign exchange reserves drop in December Four international fairs in Luanda, Angola, to be organized with Portuguese association as partner Mozambican government seeking solutions for fuel price variations South African fund to invest in Mozambican real estate project China approves entry of Wuhan Steel in capital of Brazil's MMX Chinese construction machinery company to invest in Brazilv
2010-02-22
Rural electrification making good progress in Mozambique's Sofala and Zambezia Petroleos de Moçambique (Petromoc) signs financing and technical assistance agreements Portugal's CGD group increases capital in Brazilian subsidiary Banco Africano de Investimentos opens four new branches in Cape Verde in February Angola counted 303,000 fixed telephone lines at end 2009 Brazil was second biggest exporter of iron to China in 2009 Baobab Resources to resume mine prospecting programme in Tete, Mozambique Sociedade Nacional de Combustiveis de Angola orders oil tankers in South Korea Services, industry and agriculture sustain Angola's economic recovery in 2010 and 2011
2010-02-19
Head of Banco de Mocambique warns against loans in foreign currency Mozambique to auction seized semi-precious stones Mozambican company to export elephant grass to Dubai Brazil’s Petrobras announces oil discoveries in Angola Angola to establish renewable energy centre Still no date or place for Guinea-Bissau donors round table Portuguese paint company to build second factory in Angola Natural gas discovered in northern Mozambique
2010-02-18
Banco Internacional de Moçambique continues to be Angola’s biggest bank, KPMG says Work on new airport in Luanda, Angola expected to be finished in March African Development Bank supports water supply in NIassa province, Mozambique Investors due to invest US$1.3 billion in Mozambican mining sector this year East Timor has difficulty achieving Millennium Development Goals Government of Mozambique sets up credit line for agriculture Angola launches artisanal fishing communication and management system Highland African Mining expected to re-launch tantalite production in Mozambique
2010-02-17
European Commission approves acquisition of Portuguese group Cimpor by Brazil’s CSN East Timor oil fund worth US$5.377 billion in December 2009 Spain provides 1.5 million euros in budgetary aid to Guinea Bissau Mozambique approves investments worth US$5.8 billion in investments in 2009 Brazilian cooperation with Cape Verde makes it possible to carry out entirely digital population census Mozambican economy to expand 6 pct in 2010, government says Government of Mozambique plans to re-launch graphite mining in Cabo Delgado province Mozambican Tourism Institute provides three credit lines to support business owners Reduced investment leads to lower economic growth rate in Cape Verde
2010-02-12
Standard Chartered Bank opens representative office in Angola Auction of oil blocks in Sao Tome and Principe’s exclusive economic zone set for 2 March Installation of wind farms in Cape Verde to begin in Praia Brazil’s Petrobras discovers reserve of 25 million barrels of oil Mbanza Kongo aerodrome in Angola to be expanded Sweden and Norway to pay for work on two hydroelectric facilities in Mozambique Refurbishment work on Porto Novo dock in Cape Verde due to begin in May Copper mining re-launched at Mavoio mines in Angola
2010-02-11
Mozambique selects set of seven products to export to Europe Portugal’s Tourism Institute to train Mozambican personnel Private entrepreneur allowed to prospect for gold near Mozambique’s Gorongosa Park Brazil’s Petrobras, Portugal’s Galp Energia and Spain’s Repsol YPF sign oil prospecting contract in Uruguay Brazilian operator Vivo more than doubles profits in 2009 Mozambican government creates public irrigation company for the Lower Limpopo Macau airlines authorized to make regular flights to Tokyo Narita Brazil’s Camargo Correa group to pay nearly 1 billion euros for Cimpor stake
2010-02-10
Angola to increase oil production, US federal agency says Portugal’s Banif bank in Hong Kong to explore business with Brazil., China and Angola Malawi government has a month to approve power link with Mozambique Mobile phone users in Cape Verde rise three-fold between 2006 and 2009 Grain production in Brazil expected to see second best year ever Marathon Oil concludes sale of stake in Angolan oil block Auction for oil blocks in Angola postponed Chinese company plans to invest in Kwanza Sul, Angola
2010-02-09
Macau and Guangdong province seek partners in Portugal and Spain Concession-holder to drill to more wells in Inhaminga block, Mozambique Portugal Telecom increases presence in Brazil with acquisition of GPTI Sao Tome prime minister wants Portugal’s Galp Energia to be part of oil and gas sector Projection for cotton production in Mozambique unchanged despite smuggling to neighbouring countries Portuguese credit line to Mozambique in place soon Brazil’s Queiroz Galvão in finishing stages of bridge construction in Luanda, Angola China to apply for tender to build Brazil’s high speed train line
2010-02-08
Japan grants US$60 million to rebuild road in Mozambique Mozambique’s Nampula province receives US$2.3 billion in investment FACIM 2010 will be held, confirms Sogex ex-president Angolan government plans to increase conservation areas by 2012 Prices in Brazil rise 0.75 percent in January, the highest rate in 20 months Macau government participates in development of Pearl River Delta region Cape Verde, Mozambique and Sao Tome and Principe backed by the Millennium Challenge Corporation World Bank loans US$80 million to Mozambique Multinationals in Mozambique have one transition year to adopt international accounting standards
2010-02-05
Angolan group invests in bottling of mineral water Reconstruction of Sena railroad in Mozambique close to conclusion Mozambican investors to have priority in concession on water supply to Maputo New airline to run daily flights between South Africa and Mozambique Portugal's CTT due to begin operating in Mozambique in first half Palanca Cimentos to invest US$420 million in Benguela, Angola World Bank to fund development of energy sector in Sao Tome and Principe Italy and World Bank fund construction of dams in Mozambique
2010-02-04
Lake Niassa, in Mozambique may be named as Wetland of International Importance Macau electricity company to invest US$119 million to expand distribution network Portugal's CGD and Brazil’s Votorantim sign shareholders’ agreement for Cimentos de Portugal Millennium Challenge Corporation praises Cape Verdean government’s management Enacol consolidates leadership of Cape Verde fuel market in 2009 Farming families also benefit from agricultural loans in Angola National Geographic promotes tourism in Mozambique with film about Gorongosa Brazil’s Odebrecht to build Nacala International Airport, Mozambique
2010-02-03
Bank of China to loan US$312.5 million to Macau company Macau’s exports down 52.1 percent in 2009 Mozambican government plans electricity for 22 districts by 2014 Portugal’s Oni Communications to create two companies in Angola Banco Africano de Investimentos opens two more branches in Cape Verde Reconstruction work almost finished on road between Vanduzi and Changara in Mozambique Angola seeking to diversify cooperation with China China and Portuguese language countries to hold ministerial conference in second half of year in Macau
2010-02-02
Japanese seek to exploit Nacala Development Corridor in Mozambique 67.2 percent of first development support package already received by Cape Verde Deepwater port in Mindelo, Cape Verde, to create jobs and generate revenue Construction of 540 homes on Cape Verde’s Sal Island to ease housing shortage Brazil’s trade balance negative in January Angola’s economy should grow 7.5 percent this year Water supply network to be expanded in Maputo, Mozambique Construction of Mozambique Science and Technology Park to begin in March
2010-01-22
Macau posts inflation of 1.18 percent in 2009 Escom Mining to invest US$750 million in Angola East Timor government wants conformity with oil transparency by March China grants over US$1 million to Guinea Bissau to equip new governmental palace Portuguese economy expected to post growth of 0.5 pct this year Cape Verdean government launches tender for construction of three dams funded by Portugal Angola’s Banco de Desenvolvimento finances projects to a total value of US$243.5 million Mozambique’s ENH analyses proposals for natural gas project
2010-01-21
China’s Effa Motors starts production in Brazil in February Brazil’s Petrobras increases oil and gas production by 5.2 pct in 2009 Angolan economy to expand 6.5 pct and Mozambique 5.5 pct in 2010 Cape Verde licenses new Internet and cable television operator Angola organises first Real Estate Fair in May Brazilian exports to China expected to rise 20 pct in 2010 Macau is one of the freest economies in the world Angola is second-biggest supplier of oil to China between Jan and Oct 2009
2010-01-20
Kunje industrial hub in Angola, expected to cost US$25 million Mobile carrier Unitel increases network coverage in Angola Endeb invests over US$107 million in diamond prospecting in Angola Mozambican inflation rate totals 3.25 percent in 2009 Number of mobile phone users in Brazil rises 15.5 percent in 2009 Malaysia’s Petronas to take part in development of oil sector in East Timor Test phase of Viana thermal power plant in Angola begins Wednesday Angola’s Sonangol plans to invest US$1 billion in Brazil this year
2010-01-19
Brazil’s Petrobras plans to sell more oil in Asia Dutch company builds patrol ship for Cape Verde Programme for Promotion of Rural Trade to begin in Huambo, Angola Angola’s Benguela plans to build 135,000 homes by 2012 China Nuclear Industry 22nd Construction Company builds power plant in East Timor Oil exports from Angola expected to fall in March Mozambique and Brazil discuss cooperation Apex-Brasil expected to open second office in China within six months
2010-01-18
Foreign investment in China falls 2.6 pct in 2009 to US$90 billion Angolan Roads Institute plans to rebuild 325 km of the road network in Kwanza province Demand for diamonds to lead to doubling of world production by 2020 Brazil’s Petrobras starts construction of biggest refinery in Latin America Japan donates US$2.7 million in food aid to Sao Tome and Principe Gaming in Macau grosses 120 billion patacas in 2009 Water supply system in Manica, Mozambique 50 pct concluded China Nuclear Industry 22nd Construction Company builds power plant in East Timor International Institute of Macau marks first decade of SARM with book on economic relations
2010-01-15
Construction of deepwater port in Sao Tome and Principe to begin in 2011 Angola’s Bie province to have at least 40 factories by 2012 Cape Verde’s 2009 inflation rate was 1 percent Air Portugal to open new route to interior of Brazil’s Sao Paulo state Brazil invests US$3 million annually to promote tourism in Portugal China and Portuguese-speaking countries to set cooperation strategy on 1-2 February Mozambique/Brazil direct flights planned by mid-year Angolan coffee variety may join regional gourmet coffee project
2010-01-14
Zhejiang province promotes in Macau brands from small and medium-sized companies Addax Petroleum completes drilling in Nigeria-Sao Tome JDZ bloc China's Hengqin New Area launches international logo competition China's Sino Green Land company to supply fruit and vegetables to East Timor Brazilian inflation at 4.31 percent in 2009 – lowest in three years China grants financing to Mozambique Guinea-Bissau government pays debt to commercial banks and announces private sector payment Support for Mozambique may be reduced, warns German cooperation minister
2010-01-13
Cape Verde rises one place on the 2010 Doing Business list Agricultural surplus in Mozambique’s Manica province over 1 million tonnes Portuguese economy should grow 0.7 percent this year and 1.4 percent in 2011 Brazil’s Embraer beats record, delivers 244 aircraft in 2009 National Geographic documentary on Mozambique’s Gorongosa National Park premieres in Lisbon Mozambique facilitates opening of casinos and lowers minimum investment Business delegation from Brazil’s Ceara state to visit Angola Mozambique and China sign financing agreements
2010-01-12
Riverside Mining coal project authorised by Mozambican government Tourism areas inaugurated in Angola's Chimalavera Park Angolan government invests in protecting Luanda's coast Cape Verdean government studies forestry project on Sal Island IMF mission prepares three-year poverty reduction agreement with Guinea-Bissau LAM Mozambique Airlines to begin flights to Portugal in first half of year Tourism investment in Mozambique at US$3.2 billion in last five years Mozambique to promote tourism potential in Chinese market
2010-01-11
Mozambique's CFM port and railway company transported less cargo by rail Mozambican government collected more taxes than expected in 2009 German Cooperation Minister visits Mozambique from 11 to 13 January Angolan coffee production up 200 percent to 15,000 tonnes in 2009 Industrial sector must diversify, says Angola's industry minister Macau to promote Greater Pearl River Delta at 22nd Lisbon Tourism Fair Mine project to get under way in Angola’s Kwanza Norte China’s Chery may locate auto plant in Brazil’s Mato Grosso do Sul state Angola’s capital Luanda needs more competition and infrastructures to leave list of most expensive cities
2009-12-31
Ceramics factory in Angola's Cabinda province to go into operation in first quarter of 2010
Chiazi stadium in Angola, built by China Jiangsu International inaugurated in Cabinda
Angolan oil production falls in 2009
2009-12-30
Over US$3 million invested in Angola’s Port of Namibe in 2009
Mukanka Airport in Lubango inaugurated to serve south of Angola
Work concludes on first phase of refurbishment of Luanda airport, Angola
New docking bridge at Port of Lobito, Angola, concluded at end of 2010
China’s Sinohydro concludes construction of Benguela stadium in Angola
Angola’s Sonangol to support refurbishment of Port of Sao Tome
Shanghai company finishes construction of Luanda stadium in Angola for CAN2010
Energy, banking and agriculture boost China’s ties with Portuguese-speaking countries
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