Search
Login
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Angola’s Debt to China Declines as Trade Relations Strengthen

Allen dreyfus Logo
© Allen Dreyfus

Agostinho Gayeta

Agostinho Gayeta is based in Luanda, Angola, with over 15 years of experience, he specializes in economic, financial, and political reporting for international organizations and has contributed to World Bank projects, enriching Angola’s media landscape.
  • Angola’s debt to China dropped to USD 15.8 billion by June 2023, down from USD 17.9 billion in 2021
  • Trade between the two countries surged 4.6% in the first half of 2024, reaching USD 10.6 billion

Luanda, Angola – Angola’s debt to China has continued to decline, dropping from USD 17.9 billion in 2021 to USD 15.8 billion by June 2023, according to Zhang Bin, the Chinese ambassador to Angola.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

john-middelkoop-j67BWwvS9h8-unsplash
Namibia positions itself as a green hydrogen contender despite export hurdles
06/06/2025
6 hours ago
Vitalio Angula
Read More »
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
06/06/2025
13 hours ago
Dulue Mbachu
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
06/06/2025
14 hours ago
Will McBain
Read More »
Stay ahead with Real time Updates

Recent Politics

jakub-zerdzicki-8wLZi9OhsWU-unsplash
Tinubu’s tax reform falls short of ambition after resistance from northern states
06/06/2025
13 hours ago
Dulue Mbachu
Read More »
silhouettes-6576684_1920
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
06/06/2025
14 hours ago
Will McBain
Read More »
kofi-bhavnani-4c-k7vendbg-unsplash
Public anger mounts in Ghana over new fuel levy to tackle energy debt
05/06/2025
1 day ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

john-middelkoop-j67BWwvS9h8-unsplash
Read More »
Namibia positions itself as a green hydrogen contender despite export hurdles
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Read More »
Tinubu’s tax reform falls short of ambition after resistance from northern states
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
jakub-zerdzicki-8wLZi9OhsWU-unsplash
Read More »
Tinubu’s tax reform falls short of ambition after resistance from northern states
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Allen dreyfus Logo
Read More »
West Africa’s BCEAO cuts key rate for first time since 2023 as inflation slows
silhouettes-6576684_1920
Read More »
Inside the AfDB’s Next Chapter: Debt, Diplomacy and the Tah Doctrine
kofi-bhavnani-4c-k7vendbg-unsplash
Read More »
Public anger mounts in Ghana over new fuel levy to tackle energy debt
Allen dreyfus Logo
Read More »
West Africa’s BCEAO cuts key rate for first time since 2023 as inflation slows
jean-claude-akarikumutima-b-HnOOPRfTI-unsplash
Read More »
IMF warns of rising debt pressure in Rwanda