Search

Angola’s Debt to China Declines as Trade Relations Strengthen

Allen dreyfus Logo
© Allen Dreyfus
  • 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.

Recent Business

hassan-kibwana-mvQpDUj06T8-unsplash
Kenya's business activity contracts sharply amid protests, weak demand
Read More »
Breaking News
Ethiopia set to begin historic domestic gas production
Read More »
muhammad-taha-ibrahim-K32RRhbupME-unsplash
IMF warns Nigeria recovery fragile despite reform gains
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights