Portuguese-speaking African countries Portuguese-speaking African countries The Portuguese-speaking African countries (also referred to as Lusophone Africa) consist of six African countries in which the Portuguese language is an official language: Angola, Cape Verde, Guinea-Bissau, Mozambique, São Tomé and Príncipe and, since 2011, Equatorial Guinea. The six countries are former colonies of the Portuguese Empire. From 1778 until independence, Equatorial Guinea was also a colony of the Spanish Empire. In 1992, the five Lusophone African countries formed an interstate organisation called PALOP, a colloquial acronym that translates to African Countries of Portuguese Official Language (). The PALOP countries have signed official agreements with Portugal,
Uruguay and the International Monetary Fund that an economic downturn in neighbouring countries Argentina and Brazil, as well as a slowdown in China, are contributing factors to Uruguay's slowed economic growth. Despite this, Uruguay's heavy utilization of IMF credit has been heavily correlated with its lasting stability in the South American region. Additionally, Uruguay has been able to keep pace with, or in some cases outperform, the GDP growth rate of neighbouring countries: Brazil and Argentina. IMF chief Christine Lagarde warns of 'dark future' over climate change Uruguay and the International Monetary Fund The relationship between Uruguay and the International Monetary Fund (IMF) began when Uruguay