Country: Angola
Related Posts
China Pushes Smaller, Smarter Loans to Africa to Shield From Risks
By Matthew Walsh China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. ...
Navigating Risk and Relationships: Chinese Loans to Africa in 2023
By Diego Morro, Victoria Yvonne Bien-Aimé and Lucas Engel This week, African and Chinese leaders are gathering in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation amid significant anticipation from observers about the summit’s key priorities and whether ...
Learning Through Lending: China-Africa Economic Engagement through FOCACs Past and Present
By Lucas Engel As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) approaches, it is warranted to look back at the trajectory of China-African economic engagement and assess its current state. For China, FOCAC, ...
Rogue Angolan Police Allegedly Extorted Money From Suspected Chinese Bitcoin Miners
Nearly two dozen Angolan police officers raided a suspected Chinese bitcoin mining operation outside of Luanda on Tuesday, violently forcing their way past security guards to enter the premises. Once inside, the police were confronted by the Chinese factory managers who ...
Sky High Ambitions? Military Aviation and Africa-China Relations
By Lukas Fiala Angolan President João Lourenço’s desire to have China build an air force base in Angola again highlights the issue of military cooperation between Africa and China. What are the drivers of China’s foray into African military aviation?
Tang Xiaoyang on Why the U.S., Not China is to Blame for Africa’s Debt Problems
While many in the West still contend Africa's worsening debt crisis is largely due to excessive Chinese lending, Tsinghua University Professor Tang Xiaoyang argues that accusation just isn't true. Instead, the well-known China-Africa scholar contends ...
The Sky is the Limit: Aviation and Africa-China Relations
By Lukas Fiala When Angolan President João Lourenço returned from China over the last week, he made a few noteworthy announcements. However, Lourenço’s apparent desire to have China finance an air force base in Angola stood out.
WEEK IN REVIEW: Why Angola is the “Vietnam of Africa”
Angolan President João Lourenço returned from a three-day visit to China loaded with goodies. He secured an upgrade in diplomatic ties, promises of new investment and, most importantly, a major reduction in monthly debt payments. ...
Angolan President Returned Home From China With Diplomatic Upgrade, Oil Deals, and Debt Relief Promises
Unlike several African presidents who've recently visited China and left largely empty-handed, Angola's João Lourenço wrapped up a three-day visit with several important tangibles that highlight the southwestern African country's growing importance as a frontline state in the Great Power rivalry between the U.S. and China. ...
China’s Slowing Economy Could be a Catalyst for Change in Africa
Angolan President João Lourenço kicked off a three-day visit to China this week that will take him to Beijing and Shandong Province. The timing of Lourenço's trip comes as the Chinese economy is facing enormous challenges amid a plunge in FDI, ...
African Development Bank Head Calls for End to Resource-Backed Loans
Akinwumi Adesina, president of the African Development Bank, urged leaders on the continent to end the practice of exchanging raw materials for development, a practice known as resources-for-loans that was pioneered on a truly massive scale by China.
Why Would Angola’s President Want to Go to China’s Shandong Province?
Angolan president João Lourenço will arrive in China on Thursday to begin a three-day state visit, which will include meetings with his Chinese counterpart Xi Jinping and Premier Li Qiang. The Chinese Foreign Ministry, as per usual, did not provide many ...