Number of Chinese loans done by Angola 2000-2019
value of Chinese credit granted to Angola also reached a peak. Besides the Angolan government, the state-owned oil company Sonangol also borrowed from China.
Angola relied on 256 Chinese loans as source of funding in the period between 2000 and 2019. The highest number of loan commitments signed between Chinese financiers and the Angolan government was registered in 2016 at 82. By that year, the