Courtesy of The Diplomat, a report on Angolan President Lourenço’s recent visit to Beijing which took place amid the talk of growing global competition between the United States and China in the Southern African region: Whatever metric you are looking at, when it comes to Africa-China relations, Angola is typically close to (if not at) […]
Read more »Via South China Morning Post, a look at how China and Angola are redefining economic ties for a post-oil, post-loans era: Following decades of the ‘Angola model’ – oil-backed loans to access Chinese funding for infrastructure – Beijing vows to help modernise Angola ‘We addressed the problem of Angola’s debt to China … but also […]
Read more »Via China-Global South, commentary on Angolan president João Lourenço’s recent visit 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 […]
Read more »Via Energy, Capital & Power, a look at U.S. companies involved in Angola’s oil sector: With plans to increase oil production to 1.18 million barrels per day (bpd) in 2024, Angola’s burgeoning hydrocarbons sector has created significant opportunities for global players. Boasting nine billion barrels of oil and 11 trillion cubic feet of natural gas, […]
Read more »Courtesy of Bloomberg, a report on Washington’s gamble that the Lobito corridor linking Congo, Zambia and Angola will provide the battery metals to power its green transition: Ahead of a trip to Zambia in September, Kurt House made a detour to Washington to meet US Under-Secretary of State Jose Fernandez, who subsequently wrote on X. “We […]
Read more »Courtesy of The Africa Report, an article on the recent announcement that two firms, Singapore-based Trafigura and Canada’s Ivanhoe Mines, signed a major deal to export copper along a US-backed rail route from Democratic Republic of Congo to Angola: Two firms, Singapore-based Trafigura and Canada’s Ivanhoe Mines, signed a major deal to export copper along […]
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