• 11/26/2024

US makes US$2 billion commitment to Angola as oil-rich nation eyes move beyond Chinese funding model

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Angola was the biggest African recipient of Beijing’s funding, but a fall in oil prices has left the country struggling to service its debts.

https://www.scmp.com/news/china/diplomacy/article/3244412/us-makes-us2-billion-commitment-angola-oil-rich-nation-eyes-move-beyond-chinese-funding-model?utm_source=rss_feed