China International Fund continues to unravel in Angola
China International Fund (CIF) was synonymous with large-scale Chinese investment in Angolan housing, roads and railways prior to Sam Pa's 2015 arrest. Under the new administration of President João Lourenço, since 2017, the CIF “empire” has unravelled.
China strengthens its position as the largest bilateral creditor of Mozambique
China continues to strengthen its position as the largest bilateral creditor of Mozambique and is expected to continue as such in the coming years, due to new credits being negotiated by the governments of the two countries, according to official figures.