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President Lourenço says Dos Santos regime stole $24bn from Angolan state; $1bn cut from Angola’s obligations to China under new World Bank data

President Lourenço says Dos Santos regime stole $24bn from Angolan state; $1bn cut from Angola’s obligations to China under new World Bank data

Welcome to the Angola Economic and Political Risk Briefing for 13 October 2020

Oct 13, 2020
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Angola Briefing
Angola Briefing
President Lourenço says Dos Santos regime stole $24bn from Angolan state; $1bn cut from Angola’s obligations to China under new World Bank data
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Welcome to the Angola Economic and Political Risk Briefing, Issue 38

brought to you by Zitamar News and Moxico Risk Consulting LLP, with Carlos Rosado de Carvalho and Nick Branson

Good morning. New World Bank data has revealed a $1bn reduction in Angola's monthly debt servicing bill to Chinese official creditors over the course of May 2020-December 2021. …

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