The CEO of Novo Banco, António Ramalho has admitted to some inconsistencies and disparities identified by a €3 million audit into the bank+s management and that of its predecessor, failed bank [...]

Tourism represents nearly 20% of Portugal’s GDP. It grew its revenues by 60% in four years from €11Bn per year to €18.4 between 2016-2019.  But now the industry is at a standstill with hopes of a [...]

Some studies by prestigious economic consultants have lately issued some reports on the Angolan economy that only report negative numbers and projections, without taking into account either the [...]

A slow recovery, in several gears depending on the sector and totally held hostage to the Covid-19 pandemic. This is the prediction from economists consulted by the business daily Jornal [...]

Angola is not just oil and diamonds. In fact, the fall in oil prices coupled with the political intent of the new government to cut back on the corrupt practices of the past and to create a new [...]

With ample space at a premium in today’s post-Covid property market, there are acres of opportunities in Portugal’s sleepy Alentejo district with its vineyards, castles and rolling landscape of [...]

The Covid-19 crisis has not been easy on Algarve estate agents who pride themselves on the personal touch when dealing with clients. Kerstin Buechner Director of QP Savills and her team put their [...]

The Portuguese startup SWORD Health has raised €8.6 million from a Series A round. It means that added to the investment it attracted in April 2019, the medical technology company which [...]

Portugal’s Golden Visa programme has had “a very limited effect in attracting investment to Portugal” according to a government minister. However, the Portuguese Minister of Foreign Affairs, [...]

Work has started at the Algarve’s Ombria Resort on the construction of the Viceroy Residences. The residences, which will be integrated into the Viceroy Hotel will be completed in 2022 with the [...]