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Spain finances fisheries training centre in Angola


The foundation stone for construction of the Centre for Professional Fisheries Training (Cefopesca) of Angola, a project with an estimated cost of US$98 million , took place Tuesday in the town of Belas, in Luanda, Angolan news agency Angop reported .

The Minister of Fisheries, Victoria de Barros Neto, who chaired the ceremony, said construction of the centre would start this year More

Macau Marathon 2015

Cabo Verde approves legislation to combat illegal fishing

Foreign fishing vessels are required to apply for prior authorisation to enter or use Cabo Verde’s (Cape Verde’s) ports and to land or transfer fishing catches, the spokesman for the Cape Verdean Cabinet said recently.

Démis Lobo said the statute approved by the government, called the National Action Plan to Prevent Illegal Fishing, aims to ensure the long term conservation and sustainable More

First stage of modernisation of Port of Nacala, Mozambique, almost complete

The first phase of modernisation of the Port of Nacala, in Mozambique’s Nampula province, funded by Japan and awarded to Japanese firm Penta – Ocean Construction Co Ltd, is about to be completed according to Mozambican daily newspaper Notícias.

Once this first stage is completed the port will have new fuel and container terminals and a station for controlling ships’ entry and More

United States helps Mozambique improve business climate

The United States Agency for International Development (USAID) will grant Mozambique US$1.9 million to finance a programme to improve the business climate in the country, under an agreement signed Tuesday in Maputo.

Under the agreement, which guarantees funding for the programme over four years, the United States will support Mozambique in improving the business climate and public-private dialogue, policy and strategy development More

Italian businesspeople visit Mozambique to set up partnerships

Twenty Italian businessmen from various sectors of economic activity will visit Mozambique soon to explore the possibility of establishing partnerships with local small and medium enterprises, said the Deputy Director of the Investment Promotion Centre (CPI).

Godinho Alves told Mozambican newspaper Notícias that the expression of interest by those businessmen from sectors including agriculture, machinery for agriculture, construction, furniture and renewable energy, More

Malaysian companies highlight business opportunities in Timor-Leste

Malaysian businesspeople who visited Timor-Leste (East Timor) this month identified several investment and business opportunities in the country, said Abu Bakar Koyakutty, director of the chemical, oil and gas section of Malaysia’s foreign trade promotion agency.

Representatives of 10 companies, nine of which suppliers and manufacturers for the oil sector, were in Dili – before a visit to Jakarta, Indonesia – for More

Petrobras discovers more oil in pre-salt layer in Brazil

Brazilian oil company Petrobras has discovered light oil in pre-salt reservoirs in a well in the Carcará area of Santos Bay, the company said in a statement issued Monday.

“The discovery in this well, located 226 kilometres off the coast of São Paulo, proved the existence of oil of good quality, located in deposits just below the salt layer,” the statement said.

The More

Macau balance of trade deficit totals US$6.2 billion from January to August

The Macau balance of trade recorded a deficit of 49.36 billion patacas between January and August, an improvement of 3.2 percent over the deficit recorded in the same period of 2014, of 51 billion patacas, reported the region’s Statistics and Census Bureau.

In the first eight months of 2015 Macau exported goods worth 7.291 billion patacas (6.533 billion patacas a year earlier) More