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Chinese groups negotiate to buy energy assets in Brazil

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Chinese groups are currently negotiating the purchase of 750 megawatts in wind power plants and 500 megawatts in solar projects in Brazil, said Wednesday in Sao Paulo, the president of the Brazil-China Chamber of Commerce and Industry.

Charles Tang, cited by the Brazilian press, said there are “many, many interested companies, given that Brazil is a country that provides a good return on invested More

Angola’s central bank announces measures to protect financial system

The National Bank of Angola (BNA) will seek to reduce internal weaknesses which could put the country on the margins of the global financial system by implementing a new package of measures, the BNA governor said in Luanda.

The package, called “Project for adequacy of the Angolan financial system to prudential and international best practice standards,” is an instrument that, according to More

Angola wants to attract investment from Macau and mainland China for tourism

Angola wants to attract businesspeople from Macau and Mainland China who are interested in investing in the tourism sector, said the Consul General of Angola in Macau in an interview published in the latest Forum Macau newsletter.

Sofia Pegado da Silva, says in the interview that as part of the promotion of Angola tourism has not been neglected, “especially as the country More

Angola should increase non-oil revenue, IMF says

Angola should seek to increase non-oil revenue and improve the quality of spending, both in terms of investment and current spending, recommended the resident representative of the International Monetary Fund (IMF) in Luanda.

Max Alier, who spoke at the presentation of the “Regional Economic Outlook” project coordinated by the Faculty of Economics of Agostinho Neto University, acknowledged that much of the government’s More

Portuguese Group plans to open new restaurants in Angola

Portuguese group Ibersol plans to open 13 new restaurants in Portugal and Angola in 2016, with “two or three” units opening in Angola, according to the company’s first quarter report.

The report and accounts for the first quarter for Ibersol, which manages catering brands like Pizza Hut and Kentucky Fried Chicken does not specify which brands will have new units this year More

Mozambique Asset Management fails to pay debt installment

State-owned company Mozambique Asset Management (MAM) missed the deadline of 23 May to pay an installment of US$178 million but is in talks with creditors to restructure the debt, the spokesman for the Ministry of Finance said Wednesday in Maputo.

Rogério Nkomo said the State guarantee granted on the loan of US$535 million contracted by MAM from Russian bank VTB “will not be an More