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Angola
20 July 2020

China Great Wall Industry Corporation Enters Angola Rare Earths Project
Mining company Pensana has entered into an agreement with China Great Wall Industry Corporation (CGWIC) for the financing, engineering, procurement and construction works for the Longonjo project in Angola.
17 July 2020

Angola Approves USD 1Bi Worth of Industrial Investment
Angola has approved industrial investments worth 1 billion dollars in the last 2 years, according to its Private Investment and Export Promotion Agency (AIPEX).
08 July 2020

Angola and Mozambique Fiscally “Vulnerable” – Fitch Ratings
The global economic downturn has caught Angola and Mozambique very exposed and fiscally "vulnerable", according to Fitch Ratings.
07 July 2020

Angola-Focused Rare Earths Miner Enters London Stock Exchange
Pensana Rare Earths Plc is listed on the London Stock Exchange since Monday, as it seeks funding for its neodymium and praseodymium (NdPr) project at Longonjo, Angola.
03 July 2020

Portugal´s Government takes Control of Efacec from Isabel do Santos and Looks for New Shareholder
The Portuguese government took control of a stake held by Angolan investor Isabel dos Santos in Efacec Power Solutions as it tries to help the manufacturer find a new shareholder, which could be a Chinese company.
03 July 2020

Chinese Construction Companies to Resume Work in Angola
The Government of Angola has authorized the resumption of works in 13 priority and strategic projects in the Transport sector, including by  Chinese construction companies.
02 July 2020

Angola and Cabo Verde Among African Countries With High Risk of Debt Distress – Fitch Ratings
Angola and Cabo Verde are among a group of African countries considered by Fitch Ratings as being at high risk of debt distress, in the current economic crisis context. Mozambique is already in default.
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
30 June 2020

IMF Awaiting China-Angola Debt Deal
China and Angola are close to a deal on debt relief for the African country, which could involve a moratorium on payments. The International Monetary Fund (IMF), which has a financing program to Angola ongoing, is waiting for a deal. 
25 June 2020

Angola and Mozambique Among Countries to Benefit from China’s Debt Relief
China’s debt relief efforts have the potential to add support to a number of emerging markets (EMs) under pressure from the coronavirus pandemic-related shock, says Fitch Ratings. Angola and Mozambique are among countries to benefit.
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