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China
21 September 2020
Angola’s Debt to China Estimated at USD 20.1 billion
Angola's debt to China is estimated at USD 20.1 billion, and is the country's largest creditor, said Finance Minister Vera Daves Friday.
02 September 2020
Angola to Benefit From Debt Service Suspension Initiative
The Paris Club Creditor Countries have deemed Angola eligible for a suspension of debt service due from 1st May to 31st December 2020, under the Debt service suspension Initiative (DSSI) also endorsed by the G20.
13 August 2020
China Three Gorges Increases Stake in Portugal´s EDP
China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder.
13 August 2020
Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
24 July 2020
U.S. Export-Import Bank Vows to Take Over China in Africa
After approving its biggest loan yet in sub-Saharan Africa, for Mozambique´s Natural Gas projects, the Export-Import Bank of the U.S., plans to compete more aggressively with China on the continent, in sectors like energy and telecoms.
15 July 2020
Creation of BRICS Bank Regional Office in Brazil Approved
The New Development Bank´s (also known as "BRICS Bank") regional office for the Americas, based in the city of São Paulo, has been approved by Brazilian lawmakers.
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