Monthly Archives: August 2016

Oil market seeks to unite efforts to control supply

29/08/2016 source “Diario Economico” With a situation of low prices in the end of last week, the main oil producing countries seek a consensus and work together to achieve stability in the market, in the middle of divided positions. The oil minister of Saudi Arabia, Khalid Al-Falih, recently opined that it is not necessary to…

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Brazil and China will sign cooperation agreement on trade and services

29/08/2016 source “MacauHub” The governments of Brazil and China are expected to sign a cooperation agreement on trade and services during the next summit of the G20, scheduled for the next 4 and 5 September. The Minister of Industry, Trade and Services, Marcos Pereira, said that the agreement is of great importance for the country…

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Sixty trade agreements expected at the Tokyo Conference on African Development

26/08/2016 source “Jeune Afrique” Three years after its fifth edition in Yokohama, which saw Japan announcing an investment program for Africa of 24 billion Euros over 5 years, the Sixth Tokyo International Conference for African Development will take place in Nairobi, Kenya, next 27 and 28 August, during which organizers hope the signing of sixty…

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EDP signs contract to build a dam in Peru

24/08/2016 source “Dinheiro Vivo” The company of Portuguese and Chinese capital Hydro Global Peru – created by the group EDP Electricidade De Portugal (led by António Mexia) in conjunction with China Three Gorges, its largest shareholder for the Peruvian market – has signed a contract to build a dam of 206 megawatts of power in…

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24-25 August 2016 Singapore Fostering Investment, Trade and Thought Leadership between Africa and Asia Africa Singapore Business Forum (ASBF) is the premier platform for fostering investment, trade and thought leadership between Africa and Asia. Hosted in Singapore since 2010, the forum has brought together close to 2,000 business and government leaders from 30 countries to…

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Angola: APIEX in “Africa Singapore Business Forum”

23/08/2016 source “Angop” Angola will participate, through the Agency for Investment and Export Promotion (APIEX), in the event “Africa Singapore Business Forum” (ASBF), to be held in Singapore on the 24th and 25th of this month, where aims to present the theme “Invest in Angola , invest in the Future. ” The ASBF is currently…

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G20 economies could grow 4.4% in 2016

19/08/2016 “source” El Financiero “ The agency Moody’s Investors Service provides that the developing economies of the G20 will grow 4.4% this year and 5% next year. Analysts of the credit rating agency that revised their forecasts for the world’s biggest emerging markets in 2016 and 2017 announced that they expect the expansion of emerging…

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European Union wants to strengthen cooperation with Angola

16/08/2016 source “Prensa Latina” The European Union (EU) is willing to strengthen cooperation with Angola to improve the business climate in the country and makes it more attractive to investors, told reporters the EU ambassador in Luanda, Gordon Kricke after a meeting with the Angolan vice president, Manuel Vicente. According to Gordon Kricke, many European…

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Ivory Coast approved a road development plan of 5,7 billion Euros

16/08/2016 source “Jeune Afrique” Met in Abidjan in Council of Ministers, the government of the Ivory Coast gave green light to an extensive development program and approved the first phase of the Road Development Plan 2016-2025. According to a statement issued last Wednesday August 3rd, the Government approved the implementation of the phase 2016-2020 of…

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British companies lock their expansion plans due to Brexit

12/08/2016 source “Expansión” British companies foresee temporally suspend their expansion plans and hiring at the current situation of uncertainty generated by Brexit. Some analysts even believe that the British economy will enter into recession in the coming months because of the effects of Brexit. The Bank of England warns, through a report made with data…

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In Africa, international investors are betting on renewable energy

11/08/2016 source “Jeune Afrique” International investors consider renewable energy sector as the most promising in Africa in 2020 and are ready to strengthen their holdings, according to a survey released on Tuesday by the agency Havas Horizons. “Investors believe in the continent’s ability to become a world reference for renewable energy, their current activity, and…

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China State Grid analyses purchase of Brazilian CPFL Energia

08/10/2016 source “Wall Street Jounal” The China State Grid group is considering the purchase of the Brazilian company CPLF Energy. The deal, which could amount to 13 billion dollars, will be the largest investment ever made by a Chinese company in Brazil, and includes the assumption by the Chinese group of the liabilities of CPFL…

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G20 agenda should be “ambitious” in innovation, trade and investment

10/08/2016 Source “Ocean Press” Hundreds of experts of various nationalities attended the summit Think 20 (T20) which was held on 29 and 30 July in Beijing, a preparatory meeting for the G20 summit. Researchers and economists delivered a draft of proposals called “Policy Recommendations to the G20” for the summit to be held in September…

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Mozambique launches tender for geological survey of the country

08/08/2016 source “MacauHub” The government of Mozambique will launch an international public tender to award a contract to carry an exhaustive geological survey of the country in order to know in detail the existing mineral resources. The geological survey to be carried out will complement the geophysical survey already conducted in the southern area of…

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Kochi International Airport operates only with solar energy

06/08/2016 source “América Economia” The Airport of Kochi is located thirty kilometers from the city of Kochi, in India, and is one of most busy and with more traffic in the country. It was built in 1999 and moves about seven million passengers a year, being the fourth airport in international traffic. Three years ago…

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The British economy is already approaching the recession due to Brexit

03/08/2016 source “Expansión” The UK approaches increasingly the spectre of economic recession. The three main sectors of the British economy (services, industry and construction) made in July a severe braking as a result of Brexit victory in the referendum of last June 23. Chris Williamson, chief economist at Markit, said that “although it is too…

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Another renewable energy with infinite potential: Osmosis

20/072016 source “América Economía” Sea water, fresh water and a three atoms thin membrane are the ingredients of the new clean energy that joins the list of renewable we already know. Osmotic energy could be developed anywhere in the world that have these three factors. With a big and endless potential, as any renewable, the…

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