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São Tomé and Príncipe
19 May 2020

Africa´s Debt Load Forces Negotiations, With China at the Center

China is Africa’s largest bilateral creditor, having given these countries estimated loans worth $152 billion between 2000 and 2018. With the economic crisis in countries like Angola or Mozambique generating debt repayment difficulties, negotiations are underway, with the engagement of China and private lenders.
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries

Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
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