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'New normal': Chinese revenue from African projects is in decline, and the situation is unlikely to change

Earnings by Chinese firms from construction works in Africa have dropped by 31 per cent since 2015. Experts say this is the ‘new normal’.

Major Hydropower Project Moves Forward in Angola

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

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.

TXF Dealmakers of the Year 2023: Celebrating excellence

TXF is pleased to announce the winners of its inaugural Dealmakers of the Year Awards for 2023, a celebration of the most decorated export finance practitioners from our Dealmakers database.

48th anniversary of Angolan independence: Towards economic development (1975 - 2023)

Angola's independence was proclaimed on Nov. 11, 1975 by then-President of Angola Antonio Agostinho Neto. After independence, Angola was devastated by a civil war that lasted until 2002, destroying the country's main infrastructure, particularly the breadbasket of agribusiness. These factors inhibited productivity throughout the country.

Major 2-GW Hydropower Station in Angola Now Fully Online

Angola's interest payments to creditors double as Chinese debt freeze ends

Africa’s second largest economy is benefiting from a rise in global oil prices, but owes Chinese lenders US$42.6 billion.

Chinese builder ready for dam contruction in Angola

Construction of the dam in a hydropower plant project in Angola, will begin soon, as the stream of a river feeding the site was successfully blocked recently.

Angolan president praises Chinese-built hydropower station for its socioeconomic contribution-Xinhua

Angolan president praises Chinese-built hydropower station for its socioeconomic contribution-

10 years on, BRI is humming

Ten years ago, when China proposed the Belt and Road Initiative, Andrew Gatera, then a college student in Beijing, could hardly imagine it would play such a big role in his career in Africa.