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Angola
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.
26 August 2020

Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government
The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
24 August 2020

Huawei to Train Angolan Ministry of Foreign Affairs Staff in 5G
Huawei will provide training in Information and Communication Technologies (ICT), including 5G, to staff from the Ministry of Foreign Affairs of Angola, under a new bilateral agreement. 
24 August 2020

Drop in Exports and Investment sink Angolan Currency – EIU
The Angolan currency will sink more than expected in 2020, because of the drop in the country´s export revenue and investment inflows, adding to the unravelling of the International Monetary Fund´s program, according to the Economist Intelligence Unit (EIU).
17 August 2020

Portuguese-Speaking Countries Legislation Now Available in Chinese
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
13 August 2020

Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.
04 August 2020

IMF Postponment of Financial Support to Angola “Very Damaging”
The International Monetary Fund (IMF) has postponed the decision on an extra budgetary financing of USD 0.8Bn to Angola, adding to the country´s liquidity pressures in the next few weeks, at least.
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