/Articles/Article/

Angola is the Latest Victim of China's 'Financial Aid' Trap

China has turned her attention to Oil and Diamond rich Angola, offering a foreign aid of $2 billion loan despite Angola's outstanding $23 million. Should we be worried for this Oil and Diamond rich country?

Angola is the Latest Victim of China's 'Financial Aid' Trap
Share this article
Linkedin share icon
Whatsapp share icon
Credits

Pro Tip: Crosswords

Solve crosswords on The African Exponent.

Share this article
Linkedin share icon
Whatsapp share icon
Are you impressed, have any concerns, or think we can improve this article? Email us.
Follow us on social media and rss.
Linkedin follow icon
RSS follow icon

Next From Your Saved Articles

Log in or create an account to add articles to your saved articles list.

Related Articles

Uganda Surrenders International Airport to China in Loan Gone Wrong

Repayment agreement exposes Uganda’s national asse…

Nov 27th
Minority Business Loans: How Can They Help your Entrepreneurial Dreams?

Owned businesses usually struggle to meet the crit…

Oct 12th
How can Africa distance itself from Chinese Investment?

The ongoing worldwide downturn, this possesses hop…

Sep 11th
Kenya Faces Delay in Accessing U.S. Loan Due to Corruption in Government

Kenya ranked 137 out of 180 countries on the lates…

Jan 26th
Portuguese Bank, EuroBic Cut Ties with Isabel Dos Santos amid Corruption Charges

The bank announced that it had ended all business …

Jan 22nd

Most Read Articles

1.

Repayment agreement exposes Uganda’s national asse…

Nov 27th
Uganda Surrenders International Airport to China in Loan Gone Wrong
2.

In Africa, most billionaires are based in or are o…

Nov 18th
18 out of 2,755: Does Africa have Enough Billionaires?
3.

Here is the top 10 list of African countries with …

Nov 21st
Top 10 Countries in Africa with The Fastest Internet 2021
4.

He possessed great strength because of his profess…

Nov 23rd
Gabriel Prosser, The Blacksmith Behind the 1800 Slave Rebellion
5.

Colonialism created a thriving ground for the expl…

Nov 22nd
Here is How Colonialism was Used as a Tool to Exploit Africa

More Articles

Below are some of the ways to effectively grow you…

Nov 12th

Below is how to pick the best streaming device for…

Nov 12th

There is not a single startup owner who will tell …

Nov 12th

Here are some of the things to do during your self…

Nov 12th

Today let us focus on the gorilla safari experienc…

Nov 12th