The restrictions imposed on the movement of people due to the Covid-19 pandemic has forced Timor Resources to temporarily suspend test drilling in the south of Timor-Leste, the company”s director …
Economy
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The Covid-19 apandemic in Cape Verde currently has a direct economic and financial cost that reaches 30 million euros per month, wrote the deputy prime minister and finance minister, Olavo Correia, on his Facebook page.
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Macau”s economy will contract by 24% in 2020 due to the Covid-19 pandemic, according to Fitch Ratings, which kept the territory”s risk rating unchanged at “AA” with a negative outlook, according to a statement issued on Tuesday in Hong Kong.
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The recent collapse of oil prices is likely to cause further recession to the global economy that is already suffering deterioration over the ongoing COVID-19 pandemic, said Egyptian political and …
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Paulo Macedo says that the Covid-19 pandemic brings a crisis “quite different from the previous one”, in which “all banks want to give credit”.
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The Confederation of Economic Associations of Mozambique (CTA) considered on Tuesday that gas exploration projects in Mozambique to start until 2024 are still enough to promote strong economic growth, despite …
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The study office of Banco Fomento Angola estimates that the negative growth that Angola is expected to face this year is “more severe” than the estimate of 1.4% of the …
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Chinese truck maker Foton is moving to online sales in Brazil, due to an expected rise in demand for light commercial vehicles driven by the boom in online sales and …