Country: Angola

Angola’s Foreign Minister Téte António met with his Chinese counterpart Wang Yi in Beijing on Wednesday. He also signed a bilateral investment protection measure with Commerce Minister Wang Wentao. China has sometimes struggled to get such formal investment protection guarantees from ...

Angolan President João Lourenço is scheduled to meet with his U.S. counterpart, Joe Biden, at the White House on Thursday, where the two are expected to discuss moving forward with the development of the Lobito Corridor. The U.S. and the European ...

Angola’s President João Lourenço will meet with U.S. President Joe Biden on Thursday during an official visit to Washington. According to a White House statement, they will focus on the next steps in a joint logistics corridor linking the Angolan port ...

The European Union and the United States will launch the early stages of a logistics corridor linking the Democratic Republic of Congo and Zambia to an export facility in Angola. This was one of the key announcements on the second day of ...

Debt servicing costs have been steadily rising across Africa, largely due to the falling value of local currencies that are used to repay dollar-denominated loans. But in Angola and Uganda, interest payments to Chinese creditors have jumped considerably in recent months ...

The United States and the European Union are moving forward with a plan to upgrade the 1,300-kilometer Lobito rail corridor that links the copper and cobalt belts in Zambia and the DR Congo with the port of Lobito in Angola. In separate ...

There’s been a recent flurry of posts on WeChat from various accounts in different countries that tout the enormous opportunities available for Chinese entrepreneurs on the continent. Some of these accounts are either directly or indirectly affiliated with various Chinese government agencies and appear intended to encourage ...

Japan's Economy and Industry Minister Nishimura Yasutoshi arrived in Namibia on Sunday for the first leg of a five-nation Africa tour that focuses specifically on securing new supplies of critical resources needed to power electric vehicles. Nishimura will also visit Angola, the DR ...

The competition for access to critical metals used to manufacture electric vehicle batteries intensified with the announcement that Trafigura, a Singaporean-based commodity trading giant, is going to lead a consortium of European companies to rebuild a rail line poised to become one of Africa's most important logistics corridors. ...

A Tweet by Amos Hochstein, the Biden administration's lead on infrastructure initiatives in developing countries, was the only indication last week of any U.S. involvement in the deal to rebuild the Lobito corridor in Angola. But behind the scenes, the U.S. ...

Flush with petroleum, Angola is one of the world’s largest oil producers yet still starved for energy. The problem is that the country lacks sufficient refining capacity, forcing it, like other African oil-exporting countries, to import most of its petroleum products. ...