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Angola
28 September 2020

Angola Invests Further USD 8.6 million in Rare Earth Mine
The Angolan Sovereign Wealth Fund (FSDEA) will invest a further USD 8.6 million in the Longonjo Rare Earth mine, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).
21 September 2020

Angola’s Debt to China Estimated at USD 20.1 billion
Angola's debt to China is estimated at USD 20.1 billion, and is the country's largest creditor, said Finance Minister Vera Daves Friday.
17 September 2020

Angola Gets Additional USD 765 million from IMF
Angola is to get an additional USD 1.765 billion from the International Monetary Fund (IMF), to assist in dealing with economic and health crises, compounded by the decline in oil prices due to the country´s dependence on oil exports.
16 September 2020

US-Africa Trade Dominated by “Growing Rivalry with China” – Economist
US-Africa Trade will be dominated by the "growing rivalry with China" in the short term, with the current US administration trying to preserve its African ties, even though the continent "is not a policy priority", the Economist Intelligence Unit (EIU) says. 
15 September 2020

Chinese Merchandise Trade With Brazil Steady in First Semester
Chinese merchandise trade with Brazil held steady in the first semester, despite the global economic downturn, according to data from China Customs.
14 September 2020

Angola Rare Earths Reserves at Pensana Site “2.3 Times larger”
Rare earths reserves at the Longonjo site, in Angola, are 2.3 times larger than the estimate used in its Pre-Feasibility Study, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).
11 September 2020

Huawei to Train Angolan Ministry of Science Staff in Telecom and IT
Chinese tech company Huawei will train Angolan Ministry of Science Staff in telecommunications and information technologies, under a bilateral deal signed this week in Luanda.
04 September 2020

Angolan Oil Platform Operated by BP and Sinopec Reaches Production Landmark
Floating Oil Platform (FPSO) "Grande Plutónio", operated in the Angolan offshore by BP in partnership with Sinopec, has reached a landmark production level of 600 million barrels of oil.
02 September 2020

Angola to Benefit From Debt Service Suspension Initiative
The Paris Club Creditor Countries have deemed Angola eligible for a suspension of debt service due from 1st May to 31st December 2020, under the Debt service suspension Initiative (DSSI) also endorsed by the G20.
01 September 2020

Huawei to invest USD 60 million in Angola “Tech Park”
Huawei Angola will invest USD 60 million in building a "tech park", for training and showcasing its most advanced new technologies in the African country.
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