During the session “Case Studies: European Smart Cities”, representatives of various European companies and institutions have announced major projects applied to smart cities. The session, moderated by the head of R&D&I Mobility and Energy of Barcelona Digital, Marc Torrent, has been participated by the Director of Communication and Information System of the City of Barcelona, Marta Continente; the Malta SmartCity CEO Fareed Abdulrahman; the Director of Ecological Solutions of Living PlanIT in Portugal, Melissa Mazzarella; and the Project Manager of Amsterdam Innovation Motor, at Amsterdam SmartCity, Gjis van Rijn.
francispisani on 15 Sep 11Vying with Nigeria to be Africa's largest producer of crude oil, Angola is awash with Chinese credit to the tune of $14.5 billion. The IMF reckons its GDP will grow by 7.8% this year and 10.5% next. Portuguese building companies such as Teixeira Duarte, Soares de Costa and Mota Engil have been switching from the home market to Angola's. Portuguese banks dominate Luanda's financial sector. But the tables may be turning. Now Angolan state and private investors are eyeing Portugal. Angola's Banco BIC, part-owned by Isabel dos Santos, the eldest daughter of Angola's president of 32 years, José Eduardo dos Santos, is to buy Portugal's Banco Português de Negócios (BPN) for $58m, a fifth of the original asking price of $260m. The IMF made the sale of BPN a condition for Portugal to get its recent bail-out of $113 billion.