Macau, China, 3 Feb – Trade between China and the eight Portuguese-speaking countries rose 28.23 percent year-on-year in 2011 to US$117.23 billion, according to figures from China’s Customs Service published Thursday in Macau.

Trade was particularly negative for China, which in 2011 imported goods from the eight Portuguese-speaking countries – Angola, Brazil, Cape Verde, Guinea Bissau, Mozambique, Portugal, East Timor and Sao … More

Lisbon, Portugal, 3 Feb – The Portuguese government Thursday approved the sale of 25 percent of the capital of Portuguese power grid company REN – Redes Energéticas Nacionais to China’s State Grid Corp. And of 15 percent to Oman Oil for a total amount of 592 million euros, the secretary of state for the Treasury and Finances, Maria Luís Albuquerque said … More

Lisbon, Portugal, 3 Feb – The sale of 25 percent of Portuguese power grid company REN – Redes Energéticas Nacionais to China’s State Grid Corp. will lead to the creation of two partnerships in Angola and Mozambique, shared equally by the Portuguese company and the Chinese group, the secretary of state for the Treasury and Finances said in Lisbon Thursday.

At the … More

Porto, Portugal, 3 Feb – Portuguese group Mota-Engil is set to build a stretch of railway 145.11 kilometres long in Malawi for Brazilian group Vale under the terms of a US$703 million contract, the group said in a statement field with Portuguese stock market regulator CMVM.

According to the statement, the Portuguese group said it would build the railway line in 27 … More

Sao Jose dos Campos, Brazil, 3 Feb – Brazilian aircraft manufacturer Embraer – Empresa Brasileira de Aeronáutica is due Friday to deliver the Legacy 650 executive jet bought by careen actor Jackie Chan, as part of a promotional move by the Brazilian group to increase its sale in China, Embraer said in a statement.

Chosen by Embraer to be its ambassador in … More

Lisbon, Portugal, 3 Feb – Portuguese group Sonae has everything prepared to start operating the Continente hypermarket business in Angola and now only requires formalisation of the authorisation received from the Angolan government on 20 December 2011, said the group’s chief executive, Paulo Azevedo.

Speaking to Portuguese weekly newspaper Sol, on the sidelines of the Portuguese Association of Distribution Companies conference, Azevedo … More

Luanda, Angola, 3 Feb – The Ngola Kiluange, the first of three ships used to patrol and combat illegal fishing, is already on its way to Angola, according to the Angolan press.

Ordered from Romania’s Dameni Shipyards Galati, as part of a deal co-funded by the German government and the ING Bank, the Ngola Kiluange will be the first of the three … More

Maputo, Mozambique, 3 Feb – The Agro-negócio company, with headquarters in Mozambique’s Cabo Delgado province, plans in the first half of this year to introduce a non-toxic variety of jatropha molissima to northern Mozambique, Mozambican newspaper O País reported.

The newspaper said that by the end of the year 3 million non-toxic jatropha saplings would be distributed to 10,000 rural workers.

For that … More