Search
Sign in
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 in economic, financial, and political reporting.
  • 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.

Stay ahead with Real time Updates

Recent Business

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
19/12/2025
43 minutes ago
Kent Mensah
Read More »
Payment system. Photo by Nathana Rebouças @ Unsplash
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
19/12/2025
1 hour ago
Eric Kasongo
Read More »
Usakos, Namibia. Photo @ Unsplash
Namibia GDP growth slows to 1.9% in Q3 2025
19/12/2025
2 hours ago
Vitalio Angula
Read More »
Custom Research

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
16/12/2025
3 days ago
Brandon Orion Mensah
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
09/12/2025
1 week ago
Wanderi Kamau
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
07/12/2025
1 week ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Read More »
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
Payment system. Photo by Nathana Rebouças @ Unsplash
Read More »
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
Payment system. Photo by Nathana Rebouças @ Unsplash
Read More »
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
railway-1555348_1920
Read More »
US backs Angola rail corridor to reshape global critical minerals supply chains
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
railway-1555348_1920
Read More »
US backs Angola rail corridor to reshape global critical minerals supply chains
Eurobond trading. Photo by Willfried Wende @ Unsplash
Read More »
Congo raises $260mn in Eurobond tap as debt pressures persist