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NNA - L'Ile des Palmiers place Tripoli sur la carte internationale du tourisme
ANI-Le ministre de l'Environnement Fadi Jreissati a parrainé, ce samedi,la réouverture de l'Ile des Palmiers,qui accueille de nouveau les touristes...
ATA - Kruja overflowed with tourists from European countries
TIRANA,July 21/ATA/-The city of Kruja, 32km away from the capital city of Tirana, is an important tourist center in Albania,...
MAP - Vernissage à Rabat de l'exposition photo 'Au fil des ouvrages d'art', dédiée aux réalisations d'ADM
Rabat-22juillet2019-(MAP)-Le vernissage de l'exposition photo "Au fil des ouvrages d'art", qui met en avant les ouvrages réalisés depuis la création...
NNA - الجامعة اللبنانية الثقافية ومؤسسة الحريري نظما جولة في صيدا ل 200 شاب من أصول لبنانية
وطنية - زار اكثر من مئتي شاب وشابة من أمريكا الجنوبية والشمالية وكندا واوستراليا ودول اوروبية من اصول لبنانية مدينة صيدا، في اطار جولة على المناطق اللبنانية ينظمها مجلس الشبيبة...
ATA - Albania -Italy, joint projects in the field of customs
TIRANA,July 20/ATA/–By I. Vata/–Increase of cooperation between Albanian and Italian Customs Administration was the highlight of the meeting between directors...
NNA - حفل موسقي لجوني لاوون في باحة متحف جبران في إطار مهرجانات الصيف
وطنية - أقيم في باحة متحف جبران الوطني حفل موسقي للمايسترو جوني لاوون وفرقته الموسيقية، في إطار "مهرجانات الصيف" التي تنظمها "لجنة جبران الوطنية"، بمشاركة الفنانة كارلا سليمان، وفي حضور...
NNA - President Michel Aoun meets student delegation of Political Tourism Program
NNA- President Michel Aoun welcomed Monday at Baabda palace a delegation of students from the Political Tourism Program in Lebanon,...
MAP - Spain 'Satisfied' with Final Adoption of Morocco-EU Sustainable Fisheries Agreement (Minister)
Madrid-July 22,2019-(MAP)-Spain's minister of Agriculture, Fisheries and Food in office, Luis Planas, has expressed his country's "satisfaction" with the final...
NNA - ورشة عمل كروية آسيوية دولية في بيروت
وطنية - افتتح رئيس الاتحاد اللبناني لكرة القدم المهندس هاشم حيدر في فندق "رامادا" الروشة، ورشة عمل المديرين الفنيين والأمناء العامين التي ينظمها الاتحاد الدولي لكرة القدم بالتعاون مع الاتحاد...
ATA - Koman Dam, one of its kind in Europe
TIRANA, July22/ATA/- Following the completion of the 3-year investment in the reconstruction of 3 hydropower plants in the Drin cascade,...
MAP - Le rôle des jeunes dans la préservation du patrimoine gnaoui authentique en débat à Essaouira
Essaouira -22juillet2019-(MAP)-Un colloque dédié à débattre du rôle que les jeunes doivent jouer en vue de la préservation du patrimoine...
NNA - الكتيبة الايطالية في اليونيفيل دشنت محطة لتكرير المياه في الزلوطية
وطنية - صور - دشنت الكتيبة الإيطالية العاملة في إطار قوات الأمم المتحدة المؤقتة "اليونيفيل" بالتعاون مع بلدية الزلوطية محطة لتكرير المياه وساحة مقر البلدية بحضور قائد القطاع الغربي لليونيفيل...
MAP - Expo 2020 Dubaï : Lancement des travaux de construction du pavillon marocain
Dubaï -22 juillet 2019-(MAP)-Les travaux de construction du pavillon marocain sur le site de l'exposition internationale "Expo 2020 Dubaï", ...
CNA - وزير خارجية اليونان: حل القضية القبرصية هو الشاغل الرئيسي لليونان
وكالة الأنباء القبرصية - اليونان / اثينا - اذاموس زخرياديس
أشار وزير الخارجية اليوناني نيكوس دندياس إلى أن حل المشكلة القبرصية هو الشاغل الرئيسي وأولوية استراتيجية لسياسة اليونان الخارجية. ...
Lusa - Business News - Angola: Five diamond, iron, phosphate concessions up for bids
Luanda, Jul. 22, 2019 (Lusa) – Angola’s government is to hold a public tender for five diamond, iron and phosphate...
CNA - النائب القبرصي تورناريتيس يعرب عن مخاوفه بشأن القضايا الأمنية طالما ظلت المشكلة القبرصية دون حل
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
أعرب نائب رئيس اللجنة البرلمانية للشؤون الخارجية والأوروبية نيكوس تورناريتس عن مخاوفه بشأن القضايا الأمنية طالما ظلت المشكلة القبرصية...
CNA - الرئيس اناستاسياديس يرسل رده حول اقتراح الغاز الطبيعي إلى الأمين العام للأمم المتحدة
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
ذكر المتحدث الرسمي باسم الحكومة برودروموس برودروموس في بيان مكتوب أن خطاب الرئيس القبرصي نيكوس أناستاسياديس وموقفه من اقتراح الغاز الطبيعي...
Lusa - Business News - Portugal: Lisbon-Xi'an-Beijing flights to take off next week
Lisbon, Jul. 22, 2019 (Lusa) – Beijing Capital Airlines is to inaugurate next week flights between Lisbon-Xi'an-Beijing, as a result...
Lusa - Business News - Portugal: Subsidised Lisbon family travel pass now available
Lisbon, Jul. 22, 2019 (Lusa) – Greater Lisbon’s new family travel pass, Navegante Família, can be requested as of Monday...
Lusa - Business News - Portugal: Wildfires destroy two homes in Mação
Mação, Portugal, Jul.22,2019 (Lusa)- The wildfire that began on Saturday in Vila de Rei, Castelo Branco, and spread to Mação,...
Lusa - Business News - Mozambique: Domestic passenger air traffic grows 17% in H1 - government
Maputo,Jul.22,2019(Lusa)-Domestic passenger air traffic in Mozambique grew by 17% in the first half of 2019, compared to the same period...
Lusa - Business News - Portugal: New thermal insulator from Coimbra University labs ready for market
Coimbra, Portugal, Jul. 22, 2019 (Lusa) – The first 'clean' aerogel developed by researchers at Coimbra University (FCTUC) and by...
CNA - رئيس مجلس النواب والمفوض السامي الباكستاني يناقشان العلاقات الثنائية
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
تم خلال الاجتماع الذي عُقد اليوم بين رئيس مجلس النواب ديمتريس سيلوريس ونجيب دوراني المفوض السامي الباكستاني في نيقوسيا - ومقره...
CNA - ميدالية ذهبية للمنتخب الوطني في دوري أوروبا للدرجة الثالثة لكرة السلة تحت 16 عاماً للسيدات
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
حصل المنتخب القبرصي الوطني للسيدات تحت 16 عاماً في كرة السلة على الميدالية الذهبية في دوري أوروبا للدرجة الثالثة. ...
Lusa - Business News - Mozambique: Impact of cyclones prompts FocusEconomics to halve growth forecast
Barcelona, 22 Jul 2019 (Lusa) - Spanish consulting firm FocusEconomics has halved its forecast for growth in Mozambique’s gross domestic...
CNA - فعاليات قبرصية في نيويورك احياءً للذكرى الخامسة والأربعين للانقلاب والغزو التركي
وكالة الأنباء القبرصية - الولايات المتحدة / نيويورك - ا زربانيوتيس
أقيم في نيويورك قداس وطني حضره أعضاء السلك الدبلوماسي من القبارصة واليونانيين وأعضاء الجالية القبرصية وغيرهم، وذلك ضمن الفعاليات الوطنية...
Lusa - Business News - Cabo Verde: Coins mark 200 years of US ties
Praia, Jul.22,2019 (Lusa)–Banco de Cabo Verde is to issue 8,000 new 200-escudo (€1.80) coins to mark 200 years of ties...
Lusa - Business News - Angola: Economy 'increasingly unlikely' to turn around in 2019 - FocusEconomics
Barcelona, July 22, 2019 (Lusa) – Spanish consulting firm FocusEconomics has cut its growth forecast for Angola, arguing that the...
Lusa - Business News - Portugal: PSI 20 - stocks lower
Lisbon, Jul.22,2019 (Lusa)–At 8:45 Monday, Portugal’s stock market was in the red, falling 0.14% to 5,194.82.
Leading the gains were...
Lusa - Business News - Macau: Over 20 million people visit Macau in first half of 2019
Macau, China,Jul.22,2019 (Lusa)–More than 20 million people visited Macau in the first half of the year, an increase of 20.6%...
Lusa - Business News - Mozambique: Former Credit Suisse banker says to having received millions
Lisbon, Jul.22,2019 (Lusa)-A former Credit Suisse banker said he received millions of dollars under a scheme involving $2 billion (€1,781...
HINA - Umag tennis tournament shows sports attract tourists, says president
ZAGREB, July 22 (Hina) - President Kolinda Grabar-Kitarovic watched the finals of the 30th Croatia Open in the northern Adriatic...
Lusa - Business News - Portugal: Top headlines on Monday
Lisbon, Jul. 22, 2019 (Lusa) – Massive forest fires in Portugal are the summer staple that is back again with...
Lusa - Business News - Angola: Portuguese-language Compact analyses €2B projects - AfDB




Luanda, Jul. 10, 2019 (Lusa) – The vice president of the African Development Bank (AfDB) Matthew Magala on Wednesday said that a series of projects that are to be analysed in Angola under the Portuguese-language Compact reaches $2 billion.
“The series of projects that we are going to analyse after we sign today the Compact for Angola is worth $2 billion [almost €1.8 billion], and those that are ready will move forward," said Mateus Magala, in an interview with Lusa moments before the AfDB and Portugal’s government signed with Angola the memorandum of understanding for the access of this country to this new financing model.
"What has been agreed is that Portugal offers €400 million to provide guarantees to projects co-financed by the AfDB and the countries, which means that we can make a financial leverage of four to seven times, that is, the €400 million available in guarantees we are looking at a resource mobilisation that can go from $1.6 billion to $2.8 billion,” he said.
According to Magala with the portfolios of the business services and human resources, which also has the chairmanship of the steering committee of the Compact, these resources can "grow as countries present more projects and Portugal structure their participation in this direction.”
The Portuguese-speaking African countries (PALOP) “unfortunately do not have borders in common, but they have shared history, culture and an ambition about the future in common, which is a very strong asset," Magala said, adding that "the compact is to strengthen this link and promote a new dimension on how they can promote rapid and sustainable economic development, which will transform them into mature and developed economies.”
With the signing on Wednesday of the specific Compact for Angola, “a new page is opened," he said: "We can now move forward with specific projects of the private sector, mainly, but also projects in public-private partnerships (PPP) to boost economic development that creates quality employment and provides the transformation of the Angolan economy in cooperation with other Portuguese-language countries,” Magala said.
Although the projects that are lined up for the evaluation of the three parts of the Compact - Portugal, the AfDB and Angola -, Magala said that "there are projects with credit line for financing to small and medium-sized enterprises, agriculture, fisheries and other sectors, in addition to projects in the fields of energy, ports and road construction, and also the financial sector."
The Compact was launched at the end of 2017 by the AfDB and Portugal’s government with the aim of financing projects in Portuguese-language countries, with financial support from the AfDB and guarantees from the Portuguese state, helping lower the risk and cost funding.
The AfDB, Mozambique and Portugal signed on 12 March, in Maputo, an agreement called Lusophone Compact Mozambique, to support investment projects, which gives access to AfDB financing combined with guarantees from Portugal through the Society for the Development Financing (SOFID).
In addition to the host country, which must be one of the Portuguese-speaking African countries (PALOP), each project must involve "at least two more Compact entities, for example, AfDB and Portuguese companies, or AfDB and other PALOP companies,” the programme showed.
Portugal participates through SOFID, offering €400 million in guarantees to combine with financing from the AfDB, which in this Compact will support budgeted projects up to $30 million (€26.5 million).
This Compact was signed by Portugal and the AfDB in November 2018, as part of a wide range of multilateral partnerships announced during the Africa Investment Forum in Johannesburg, South Africa, and began to take shape when the president of the AfDB visited Lisbon in November 2017.
MBA/IMYN // ADB.
Lusa


Agency : LUSA

Date : 2019-07-11 10:55:11







 

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