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China is behind billion greenback debt restructure for Angola, analysts say 2020-09-22 11:00:27 China is believed to be the thriller lender behind a reprofiling of Angola’s loans, serving to the Southern African nation unlock US$1 billion and an extra US$765 million from the Worldwide Financial Fund (IMF).Nonetheless, negotiations to restructure a significant mortgage superior by the China Improvement Financial institution remained contentious, in keeping with analysts.The IMF mentioned Angola – Africa’s second largest oil producer – had “reached agreements on reprofiling chosen debt†with two of its large collectors, which… Related Your email address will not be published. Save my...
