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Angola
24 February 2023

Angola among the hardest hit by China´s glut for discounted Russian oil
Angola is among the China´s oil suppliers in Africa and South America hardest by Beijing´s switch to discounted Russian oil, according to data and analytics firm Kpler.
23 February 2023

Legal Update/Angola: Bank accounts rules for financial institutions
Angola has revised the rules for Banking Financial Institutions, when opening, maintaining, operating and closing bank accounts, according to official legal database Legis-PALOP+TL.
16 February 2023

Lobito Corridor set to become the world’s most important critical minerals railway
Angola, Zambia, and Democratic Republic of Congo (DRC) have taken major steps to create a trade corridor that could transform how the region’s resources are shipped.
10 February 2023

New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
07 February 2023

Angola, DRC and Zambia move towards jointly managing key trade corridor
Angola, Zambia and Democratic Republic of Congo (DRC) have agreed to establish a new agency that will oversee the development and joint management of a trade corridor to and from the Atlantic Ocean port of Lobito, recently concessioned to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
06 February 2023

CITIC rejects widespread construction defects in Angolan Kilamba Kiaxi housing project
China´s CITIC Group rejected widespread construction defects in its Kilamba Kiaxi housing project in Angola, alleged by the The Wall Street Journal.
31 January 2023

Mozambique and Cabo Verde to lead Portuguese-speaking countries GDP growth in 2022
Mozambique and Cabo Verde will lead GDP growth in Portuguese-speaking countries, according to United Nations (UN) forecasts.
27 January 2023

Chinese-owned company to start mining Niobium in Angola
Chinese-owned company Sociedade Niobonga – Comércio Geral is set to exploit 19 million tonne reserves of Niobium, a rare mineral used in manufacture of spaceships, missiles and turbines.
23 January 2023

China-Africa trade surges to a record USD 282 billion in 2022
Trade between China and Africa surged last year to a record USD 282 billion, an 11 per cent year-on-year increase, the the second consecutive year of growth after the Covid-19 pandemic hit trade in 2020.
16 January 2023

China and Angola expected to scale up trade and investment
 China and Angola will likely scale up trade and investment in fields such as modern infrastructure and service, the digital economy, green growth and manufacturing in the years ahead, said market watchers and business executives.
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