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Angola
03 July 2020

Chinese Construction Companies to Resume Work in Angola
The Government of Angola has authorized the resumption of works in 13 priority and strategic projects in the Transport sector, including by  Chinese construction companies.
02 July 2020

Angola and Cabo Verde Among African Countries With High Risk of Debt Distress – Fitch Ratings
Angola and Cabo Verde are among a group of African countries considered by Fitch Ratings as being at high risk of debt distress, in the current economic crisis context. Mozambique is already in default.
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
30 June 2020

IMF Awaiting China-Angola Debt Deal
China and Angola are close to a deal on debt relief for the African country, which could involve a moratorium on payments. The International Monetary Fund (IMF), which has a financing program to Angola ongoing, is waiting for a deal. 
25 June 2020

Angola and Mozambique Among Countries to Benefit from China’s Debt Relief
China’s debt relief efforts have the potential to add support to a number of emerging markets (EMs) under pressure from the coronavirus pandemic-related shock, says Fitch Ratings. Angola and Mozambique are among countries to benefit.
24 June 2020

Hong Kong´s Sunshine Industry Gets Concession in Angola to Mine Rare Mineral
Mining company Niobonga is investing USD 100 million to launch, in the second half of 2020, the exploration of niobium, in the Angolan province of Huíla.
22 June 2020

Angolan Privatisations and Economic Diversification Efforts Hurt by Pandemic – EIU
The Angolan Government´s ongoing drive to privatise dozens of companies and attract foreign investment to free zones will be hampered by the global economic downturn caused by the Covid-19 pandemic.
19 June 2020

African Economic Growth to Stagnate in 2020, in “Optimistic” Scenario – UN
The United Nations Economic Commission for Africa (UNECA) has revised from 3.2% to 0% its growth forecast for the continent this year. T
18 June 2020

China Commits to Assisting African Countries Financially During Pandemic
China will waive some African nations’ debt and is willing to provide further support including loan-maturity extensions, according to Chinese President Xi Jinping
17 June 2020

Sinopec Could Increase Stakes in Angolan Oil Fields in Debt Relief Deal – Verisk Maplecroft
A possible solution for  debt relief negotiations underway between the two countries could lead to an increase of Chinese state oil company´s stakes in Angolan oil fields, according to Verisk Maplecroft.
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