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Angola
26 February 2020

Chinese ambassador in Luanda defends Chinese cooperation model from US criticism

With the US-China rivalry in African business reaching new heights, Angola has found itself at the centre of the economic diplomacy dispute.
28 November 2019

China’s Exim Bank partners with Morocco’s Attijariwafa Bank for African expansion

A new partnership agreement between China's Exim Bank and Attijariwafa Bank from Morocco, is set to align two key financial institutions in both countries in the common goal of boosting business ties and their economic presence in Africa.
31 October 2019

Angola Alert: local currency to continue losing value

The value of Angola’s currency, the kwanza, has more than halved, since the central bank implemented a floating exchange rate regime as part of its macroeconomic stabilisation programme in January 2018. Nearly two years on, the kwanza continues to slide and is expected to maintain its downward trend.
05 July 2019

Clouds over Angola’s IMF programme

With the Angolan president making public claims about the need to restructure Chinese loans, the most sizeable in the country’s foreign debt ‘mix’, the International Monetary Fund has come in with a US$3.7 billion credit, under an Extended Fund Facility programme.
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