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Macau and Fujian take part in the “One Belt, One Road” initiative

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The Macau Chief Executive and the Governor of Fujian Province said on Wednesday they planned to take part together in the “One Belt, One Road” national initiative and expressed confidence in further development of bilateral cooperation, said the Macau Government Information Bureau .

The delegations of the governments of Macau and Fujian, headed by Chui Sai On and Yu Weiguo, respectively, also More

Macau economy records two consecutive quarters of growth

Macau’s economy recorded real growth of 7.0% in the last quarter of 2016, marking two consecutive quarters of increased Gross Domestic Product (GDP), said on Wednesday in Macau the Secretary for Economy and Finance, Lionel Leong Vai Tac.

The secretary, speaking at a meeting organised by the Macau Chamber of Commerce, said that Macau’s GDP contracted overall by 2.1% in 2016, which More

Mozambique seeks loan in China to build airport in Gaza

The government of Mozambique is waiting for the Export-Import Bank of China to approve a loan of US$60 million to start the construction of Chongoene airport, in Gaza province, the Minister of Transport and Communications said recently, quoted by the local press.

Minister Carlos Mesquita, who visited the site where the airport will be built, said the feasibility study and the environmental More

China starts building biomass power plant in Guinea-Bissau in March

Preliminary work for the construction of the biomass power plant in Mansoa, central Guinea-Bissau, will begin in March, with the arrival of Chinese technicians, announced the Guinean representative of Chinese company Shenyang Lan Sa Trading Co Ltd, which is financing the project.

Felipe Manuel Monteiro was speaking on Tuesday during the visit of President of the Chinese company, Li Xuguang, heading a More

Government of Angola pays arrears of US$3.592 billion

The programme to pay off arrears owed to companies from between 2014 and 2016 has a budget of 599 billion kwanzas (US$3.592 billion), said the Director General of the Debt Management Unit (UGD) of the Finance Ministry on Wednesday in Luanda.

Osvaldo João, speaking on Angolan National Radio, he stressed that the settlement programme that was recently approved by the Angolan government More

Cabo Verde Stock Exchange ends 2016 with market capitalisation of US$646 million

The Cabo Verde (Cape Verde) Stock Exchange (BCV) ended 2016 with a market capitalisation of 67.775 billion escudos (US$646.6 billion), which represents an annual increase of 8.5%, according to the BCV annual report.

The document said that despite having been a slight decrease in the number of listed securities (-2.5%), the total value of transactions in the primary market increased again (9.2%) More