Monthly Archives: June 2015

Pacific Alliance gives a firm step towards financial integration expanding MILA

27/06/2015 source “SudAméricaHoy” Members of the Pacific Alliance (AP) announced new agreements on financial matters, of which highlights a significant expansion of securities exchange in the Integrated Latin American Market (MILA). The meeting of finance ministers of the four countries of the AP – Chile, Colombia, Mexico and Peru – took place in Mexico City…

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Grow the opportunities for Spanish companies that go to the USA

25/06/2015 source “El Economista”  T The United States became a fundamental goal for Spanish companies. The free trade agreement that Europe and the United States are currently discussing and known as the Transatlantic Agreement on Trade and Investment – the TTIP – is the triggering factor that has significantly increased the attractiveness of the country…

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Angola: ANIP Manager highlights tax incentives for private investment

23/06/2015 source “Angop” Luanda – The new version of Private Investment Law, in force in the country, links taxes, financial and customs incentives with socio-economic goals of the National Development Plan 2013-2017. The statement was made today by the President of the Board of Directors of the National Agency for Private Investment (ANIP), Maria Luísa…

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Angola at CPLP – Energy development conference in Portugal

20/06/2015 source “AllAfrica” Angola is expected to join the 90 speakers at the I Conference on Energy for Development of the Portuguese Speaking Countries Community (CPLP), set for 23-25 June in Lisbon, Portugal. Angola will be represented by CEO of Regulator Institute of Electricity Sector (IRSE), Luis Mourão, and the Consultant of the Legal Office…

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Equatorial Guinea: Powering Guinea – the World Bank Group supports improved energy supply and electricity services

19/06/2015 source “AllAfrica” Conakry, Guinea — The Government of Guinea signed today a management contract with the Veolia Africa-Seureca consortium, which combines two experienced utilities management firms, to enhance the management, operation, and commercial viability of the electricity sector. Funded by the World Bank’s Power Sector Recovery Project, “the management contract is the first step…

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Africa Tracks – Construction of Key Djibouti-Ethiopia Rail Line to Finish Featured

Constructing the railway accelerates the economic integration between the two nations 19/06/2015 source “AllAfrica” The leaders of Djibouti and Ethiopia will oversee the completion of a railway linking their two capitals on Thursday, with the ambition that the link might eventually extend across the continent to West Africa. Djibouti’s President Ismail Omar Guelleh and Ethiopia’s…

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Russia and Greece signed an agreement to expand the Turkish Stream pipeline

19/06/2015 source “El Economista” Russian Energy Minister Alexander Novak and his Greek counterpart Panagiotis Lafazanis signed today, in the context of the International Economic Forum in St. Petersburg, a memorandum to extend the route of the Turkish Stream pipeline with Russian gas to Greece. The infrastructure will be financed with Russian money and the works,…

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Angola: TPG Growth and Satya Capital Announce Partnership to invest in Africa

18/06/2015 source “Angop” The companies TPG Growth, a global platform for investment in medium-sized enterprises and venture capital, and Satya Capital Limited (Satya) announced today the creation of a formal partnership focused on new investments in Africa. The partnership will bring together the global power and resources of TPG investment platform and the regional experience…

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Russia proposes Gas Natural to participate in a 15 million Euro plant

17/06/2015 source “El Economista” Russia intends to increase the cooperation with Spain in the energy business, so it proposed Gas Natural Fenosa to participate in the expansion of the liquefied natural gas plant Yamal LNG, whose total investment is around EUR 15,000 million. The proposal was made by Russian Minister of Energy Alexander Novak, under…

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Infrastructure and energy, the most attractive sectors to invest in Latin America

16/06/2015 source “Cesla” The V Investment Forum, organized in London by the LATIA association and that took place yesterday at the Guildhall hall, promoted the meeting between investors of the public and private sectors and representatives of 19 Latin American countries who are seeking private investment for the sectors of infrastructure and energy in their…

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“Growth in Latin America moves from south to north”

15/06/2015 source “El País” The latest forecasts from the International Monetary Fund (IMF) worsen the growth prospects for Latin America. The regional expansion will be of only 0.9%, which is especially ballasted by the weakness of commodity markets on the one hand, and by the fact that three of its major economies (Brazil, Argentina and…

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Mexico discovers wells with reserves of about 350 million barrels of oil

11/06/2015 source “LaRazón” Within the opening of a conference on oil in the city of Guadalajara, in the western state of Jalisco, the director general of state company Petróleos Mexicanos (Pemex), Emilio Lozoya, announced the discovery of new oil wells in the Gulf of Mexico. Lozoya explained that there are four new wells, three in…

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Brazil will invest more than 64,000 million Dollars in infrastructure

06/10/2015 source “El País” The President of Brazil, Dilma Rousseff, announced the launch of a plan to build major infrastructure across the country, which corresponds to make an investment of nearly 200,000 million Real (more than 64,000 million dollars, around 58,000 million Euros). The plan, large and ambitious, which is intended to counteract the fall…

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Ethiopia’s aims for 12 000 MW power project

09/06/2015 source “Fin24” Addis Ababa – Ethiopia plans to launch hydropower dams and other renewable energy projects over the five years to 2020 that will add an additional 12 000 megawatts of electricity upon completion, a senior official said last Monday. With one of the continent’s fastest-growing economies, Ethiopia wants to become a manufacturing hub…

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Bolivia initiates the exploration of hydrocarbons by air

06/06/2015 source “SudAméricaHoy” Bolivia began the exploration of hydrocarbon areas by air, by using the geophysical method SFD that allows the detection of possible wells from the air noninvasively, reported today the state agency “YPFB”. The SFD system works with acquisition of data by air by through sensor equipment that detects anomalies on the ground,…

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Luanda hosts business Forum Singapore/Angola

 01/06/2015 source “Angop” Luanda – Is being held today, 2 June, in Luanda, a business and entrepreneurial forum Angola / Singapore, aimed to strengthen the cooperation between the two countries. The event, promoted by the Chamber of Commerce and Industry of Angola, in partnership with the Business Federation of Singapore, will have the participation of…

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Trade agreements Tunisia-European Union: negotiations in October

28/05/2015 source “Huffpostmagreb» Tunisia will begin in October a round of negotiations for a free trade agreement with the European Union, announced last Wednesday the Tunisian Prime Minister Habib Essid during a visit to Brussels. “The full and comprehensive Free Trade Association project… will soon see the day” Essid said at a joint press conference…

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EU-CELAC Summit

01/06/2015 source “E.C.” The second EU-CELAC / 8th EU-LAC summit will be held in Brussels on 10-11 June 2015 under the theme: “Shaping our common future: working for prosperous, cohesive and sustainable societies for our citizens“. EU-CELAC summits bring together European, Latin American and Caribbean leaders to strengthen relations between both regions. These summits are…

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