Chinese national oil company offered equity in Angolan oil blocks in exchange for debt relief; Economy contracts for the fifth quarter in a row
Welcome to the Angola Economic and Political Risk Briefing for 19 January 2021
Welcome to the Angola Economic and Political Risk Briefing, Issue 63
brought to you by Zitamar News and Moxico Risk Consulting LLP, with Carlos Rosado de Carvalho and Nick Branson
Hello. A report has emerged claiming that Angola did offer Chinese creditors equity in oil blocks in exchange for debt relief — but the two sides were unable to agree terms. Nev…