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Angola
07 June 2020
Angola Cuts Oil Shipments to China
Angola is cutting the number of oil cargoes that it will ship to China, as it seeks to renegotiate repayment terms to deal with the crippling impact of the coronavirus. Oil shipments to Chinese state firms are used to pay down debt to Beijing.
27 May 2020
China´s Oil Imports from Angola Continue Recovery
Angola was China's fifth top crude oil supplier in April, customs data showed, with imports rising 23.8% from the same month a year earlier. In the first four months of 2020, Chinese imports from Angola are still negative, despite the recovery.
05 May 2020
Chinese Oil Imports From Angola Fall 19% in 1Q
Chinese oil imports from Angola fell nearly 19% in the first quarter of the year, while increasing from Russia and Saudi Arabia, the country´s 2 main suppliers. The reduction of Angola´s exports is putting pressure on its trade balance of goods, according to data from the national bank.
27 April 2020
Business Opportunities: Angola
The Angolan Government is progressing with privatizations in multiple fronts, including subsidiaries of the national oil company, Sonangol, and 13 industrial units in the Luanda-Bengo Special Economic Zone (SEZ).
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