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Trade between China and Portuguese-speaking countries reaches US$77.423 billion from January to July

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Trade between China and Portuguese-speaking countries reached US$77.423 billion from January to July, an annual rise of 5.12 percent, according to figures from China’s Customs Service published in Macau.

That amount was due to Chinese exports of US$24.628 billion (+1.68 percent) and imports of US$52.795 billion (+6.81 percent), with China posting a trade deficit in the period of US$28.167 billion.

In the list More

Growth of Macau’s economy slows to 8.1 pct in real terms in second quarter of 2014

Macau’s economy grew by 8.1 percent in real terms in the second quarter of 2014, unchanged compared to figure reported for the same period of 2013 but lower than the 12.4 percent seen in the first quarter of this year, the region’s Statistics and Census Bureau reported.

The Bureau explained the economic slowdown in Macau between the first and the second quarter More

Kenmare Resources posts loss at heavy minerals project in Mozambique

Irish company Kenmare Resources posted a loss of US$17.9 million in the first half, after a profit of US$6.9 million in the same period of 2013, the company said in a statement.

According to the statement production of heavy mineral concentrate (HMC) and ilmenite increased by 26 percent and 47 percent, respectively, compared to the same period last year, “a record” and More

Japan supports competitiveness of over 200 products from Mozambique

More than 200 Mozambican products are being made more competitive for national and international markets as part of a programme supported by the Japan International Cooperation Agency (JICA), according to Mozambican daily newspaper Notícias.

The director-general of the Institute for Promotion of Small and Medium-sized Enterprises (Ipeme) in Mozambique, Claire Zimba, told the newspaper that after selecting the products and companies for More

International Coal Ventures Limited starts recruiting staff for Mozambique

International Coal Ventures Limited (ICVL), a consortium of state-owned companies in India, has started the process of recruiting Indian staff for various positions in Mozambique, Indian newspaper the Economic Times reported.

Recruitment of new staff follows the acquisition of coal assets in Mozambique owned by Anglo-Australian group Rio Tinto for US$50 million.

Before launching its activities in Mozambique ICVL wants to send a More

Sao Tome and Principe signs food agreement with Brazil

Sao Tome and Principe is due in the next few days to sign a ​​”food security” agreement with Brazil in the amount of US$30 million, a spokesman for the Sao Tome government announced Saturday at the end of a Council of Ministers meeting.

Adelino Lucas, the Sao Tome Secretary of State for the Media said “the Council of Ministers authorised the Ministers for More

Cabo Verde and the European Union renew fisheries agreement

Cabo Verde (Cape Verde) and the European Union (EU) agreed to renew an existing fisheries protocol, which is due to come into force Monday, 1 September, officials said Friday in Brussels.

Under the revised agreement Cabo Verde will receive 550,000 euros in the first two years of the agreement and 500,000 euros in each of the next two years, which is an More

Cabo Verde receives 273,000 tourists in first half of the year

The number of tourists who used hotel establishments in Cabo Verde (Cape Verde) in the first half of 2014 rose 1.2 percent year on year to 273,400 leading to 1.699 million overnight stays, according to the National Statistics Institute (INE).

Analysing the figures by quarter, it appears that in the second quarter hotel establishments welcomed 110,900 tourists, an increase of 4.3 percent More