Tag: Angola
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Lourenço Says He Would Not Take a Another Resource-for-Infrastructure Deal With China
Over a twenty-year period beginning in 2002, Angola borrowed a staggering $45 billion from China, accounting for a third of all Chinese lending on the continent. The Angolan government still owes Chinese creditors an estimated $17 billion and restructured a large ...
With Angola Trip, Biden Fulfills His Promise to Visit Sub-Saharan Africa
By Aurélia End Outgoing U.S. President Joe Biden is headed to the southern African country of Angola this week, fulfilling a key promise in a bid to shore up ties with the continent. Biden, who ...
[WEEK IN REVIEW] China’s Role in Africa’s Energy Transition and Biden’s Angola Trip
The Sirexe “Salon International des Ressources Extractives et Energetiques” conference took place this week in the Ivory Coast and brought together ministers, policymakers and corporate leaders from across the continent to discuss Africa's energy transition. ...
Judd Devermont on the State of U.S. Foreign Policy in Africa
U.S. President Joe Biden was supposed to be in Angola this week, fulfilling a pledge to visit the continent he made back at the 2022 U.S.-Africa Leaders Summit. But with massive hurricanes pounding the southern United States, the president was forced ...
With an Eye on China, Angola Becomes Key Partner for U.S. Ambitions for Africa
By Bronwen Roberts Joe Biden's choice of Angola as his first trip to Africa as president underscores the oil-rich country's influence as the focus of one of the biggest U.S. infrastructure projects on the continent, countering China's investments. ...
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 ...
China Imported a Record Amount of Oil Last Year
China broke its all-time record for oil imports last year, averaging 11.3 million barrels a day — 10% more than in 2022, according to new Chinese Customs data. Almost 20% of that volume came from Russia alone, which displaced Saudi Arabia ...
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?
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, ...