Tag: Angola

The Angolan government has signed a $450 million agreement with the Portuguese infrastructure group Mota-Engil to run rail and logistics in the Lobito Transport Corridor, which connects Lobito Port to the mining zone in the southern Democratic Republic of Congo.

All eight of the world's Portuguese-speaking edged higher in a key Chinese infrastructure development index that assesses the investment climate in 71 countries around the world. Brazil, Angola, and Portugal were the highest ranked Lusophone states in the 2022 "One Belt, ...

One of China's top diplomats for Africa, Liu Yuxi, concluded a three-day visit to Cameroon on Tuesday following talks with Chinmoun Oumaru, the Secretary General of the Ministry of External Relations. Liu, the Foreign Ministry's Special Representative for African Affairs, is currently touring the continent. Earlier, he ...

China dispatched Liu Yuxi, the newly-named Special Representative on African Affairs and former ambassador to the African Union, to attend last week's second inauguration ceremony for President João Lourenço. The two then met later for talks. Angola remains one of the most important ...

China has quietly distributed more than $30 billion in so-called "emergency loans" to financially-distressed developing countries in recent years, according to new data compiled by AidData. Details of the loans have not been publicized but analysts believe they're intended to help borrowers avoid defaulting on Chinese-financed infrastructure loans ...

Russia and China will conduct joint military exercises from 1 to 7 September. However, the scale of this year’s exercises is much smaller than before. Similar exercises four years ago involved 300,000 troops. This time it will be 50,000, reflecting the impact of the Ukraine war. 

Adalberto Costa Jr., a candidate in this week’s presidential election in Angola, will launch an audit of the country’s debt to China if he wins. He pledged that any loans not resulting in infrastructure will be renegotiated. At about $42.6 billion, the country holds ...

China's most senior diplomat for Sub-Saharan Africa announced that Special Representative on African Affairs, Xu Jinghu, has kicked off an 8-nation African tour. The Foreign Ministry hasn't provided any information about her visit besides the itinerary (thanks to this map). Prominent Africa-China ...

A consortium of Chinese entrepreneurs based in Angola recently signed an agreement to build an electric power generation facility in the small Congolese city of Kenge, 269 kilometers west of the capital Kinshasa, according to Radio Okapi. Not much is known about ...

Chinese Foreign Ministry spokesman Zhao Lijian used especially pointed language during Monday's regular press briefing in Beijing to denounce U.S. Deputy Secretary of State Wendy Sherman's recent warning to Angola and other African governments not to use equipment made by Huawei. Sherman made ...

Quietly and largely out-of-sight, Chinese telecom giant Huawei is becoming one of the most important actors in Africa's mobile payment business. Many people don't realize that the popular Kenyan mobile payment service M-Pesa runs on Huawei Mobile that each year processes tens of billions of dollars in transactions ...