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Angola
03 June 2020
Angola Talks With Oil Clients About Financing Facilities Reach “Advanced Stage”
Angola is in talks with some of its oil clients in a bid to restructure financing facilities, the Ministry of Finance has said. China is the main buyer of Angolan oil exports, and the creditor of around USD 23 billion .
31 May 2020
China´s Trade With Brazil, Cabo Verde and Timor Leste Resists Pandemic
Chinese trade with Brazil resisted the Covid-19 pandemic in the first quarter of the year and even rose in the cases of Cabo Verde and Timor Leste. However, exchanges with the remaining Portuguese-Speaking Countries (PSC) did not resist the pandemic.
29 May 2020
Huawei Brings Home Study Solution to Angola
With students learning at home because of social confinement due to Covid-19, teaching has gone on-line more than ever. Chinese IT company Huawei has been actively promoting Home study solution, that has now become available in Angola.
27 May 2020
China Supplies Aircraft to Angolan Air Force
The National Air Force of Angola (FANA) has started receiving its new Hongdu K-8W “Karakorum” training/ light attack aircraft, built by AVIC from China. According to an industry expert, FANA will operate a total of 12 such airplanes.
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.
25 May 2020
Angola and China Negotiating Debt Relief
The matter of Angola´s USD 23 billion debt to China was addressed by the foreign ministers of both countries. Angolan minister Tete António also called attention to his counterpart to Angola´s privatization program, according to a statement from the Angolan Government.
20 May 2020
Portugal´s EuroAtlantic Airline Ensures Supply to Angola of Chinese Medical Gear
Transport of medical equipment from Wenzhou and Changsha, China, to Angola is being ensured by EuroAtlantic airways (EAA) from Portugal, at the service of Angola´s Bestfly. Irregularities in a first flight between China and Angola operated by Ethiopian Airlines led the Government to look for alternatives in supplies during the Coronavirus pandemic.
20 May 2020
China Aiming to Strengthen “Strategic Ties” to Angola
Gong Tao, ambassador of China to Angola, is confident debt negotiations between the two countries will be successful, and that bilateral relations will actually emerge stronger from the current hardship. In an interview published in Angola, marking his first year as ambassador, he reveals the foreign ministers of the two countries spoke on the phone on 11 May, and vowed to strengthen “strategic ties”.
19 May 2020
Africa´s Debt Load Forces Negotiations, With China at the Center
China is Africa’s largest bilateral creditor, having given these countries estimated loans worth $152 billion between 2000 and 2018. With the economic crisis in countries like Angola or Mozambique generating debt repayment difficulties, negotiations are underway, with the engagement of China and private lenders.
17 May 2020
Angola Cables partners with China Telecom Global to link Asia, Africa and South America
China Telecom Global (CTG), one of the world's leading providers of Information and Communication Technologies (ICT) services, has chosen Angola Cables as its preferred operator to reinforce its long distance connectivity services between Asia, Africa and America Latin. Recently, Macau telecom company CTM also partnered with Angola Cables.
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