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China Three Gorges Brasil Energia analyses new investments in state of Mato Grosso do Sul

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New investments in the Brazilian state of Mato Grosso do Sul by China Three Gorges Brasil Energia Ltda. were discussed Monday at a meeting in the government headquarters in the city of Campo Grande, the Brazilian press reported.

Governor Reinaldo Azambuja was visited by the president, Yinsheng Li and Vice President João Meirelles of the Brazilian subsidiary of China Three Gorges Group, which on 1 More

Visit to Portugal by 9+2 Group deepens cooperation between China and Portuguese-speaking countries

The representatives of the governments of the Pan-Pearl River Delta Region (9+2 Group) are optimistic about the prospects of cooperation between China and the Portuguese-speaking countries, according to the Macau Trade and Investment Promotion Institute (IPIM).

In a statement, IPIM adds that some members of the delegation, which concluded an eight-day visit to Portugal and Belgium on 24 June, consider that the More

Angola awards 69 contracts under China’s credit line

To date the government of Angola has awarded 69 contracts to Chinese companies under the credit line opened by China in the amount of US$3.791 billion, according to presidential decrees published in the official gazette.

The most recent presidential orders, cited by Portuguese news agency Lusa, are for 15 public works projects with a combined value of US$631 million. The Chinese awarded More

National Bank of Angola sanctions seven banks for breach of exchange rules

The National Bank of Angola (BNA) applied punitive measures to seven banking institutions operating in the country for breach of foreign exchange rules, the BNA said in a statement issued Tuesday in Luanda.

The banks in question are Banco Angolano de Investimentos, Banco Millennium Atlântico, Banco de Comércio e Indústria, Banco Caixa Geral Angola, Banco Keve, Banco Sol and Standard Bank of Angola.

According to More

Access to the port of Beira, Mozambique, has been reopened

Navigation in the access channel to the port of Beira has resumed after removal of the Macúti dredger, the provincial director for Transport and Communications of Mozambique’s Sofala province, Hélcio Canda said.

The Macúti, the largest oceanic dredger in Mozambique, which is 82 metres long and 16 wide and has capacity to store, 2500 cubic metres of sediment, was about to sink More

Government of Mozambique regulates import of equipment for cement plants

The import of second hand equipment for the cement industry in Mozambique is now subject to restrictions under a regulation recently approved by the government, said the national director of Industry.

Mateus Matusse also told newspaper Notícias that the measure approved by the government seeks to prevent Mozambique becoming a deposit for equipment considered obsolete.

To this end, the Regulation sets an age More