The controlling stake in the mine will improve Huati Lighting’s position in the new energy supply chain.
Lusofonia
The opening of Mero2 further deepens energy cooperation between China and the South American nation.
The Portuguese energy company is selling its stake in the territory’s sole electricity provider, which it held through a subsidiary.
The legislation has been pushed through by a conservative majority, but opponents vow to challenge it in court.
The South American producer is doubling down on soybean production even as demand stagnates in China.
The US$4.5 billion railway project connects the capital to the Democratic Republic of the Congo and promises to be a boon for agribusiness.
The long-stalled Greater Sunrise project could be make or break for the small island nation’s ailing economy.
The Southern African nation has become one of several countries to quit the oil cartel since its establishment in 1960.
The US claims there are national security risks in the Chinese-made equipment that its European ally is considering for its largest port.