Contributed by NAMPA / AFP.
Angola woos Spanish investment with debt reduction promise
Luanda, April 8, 2021 (AFP) - Angola's President Joao Lourenco vowed Thursday to resolve the country's staggering debt in a bid to encourage business investment from Spain, as the two nations seek to bolster their trade ties.
Africa's second-largest oil exporter is buckling under spiralling debt following a decline in crude prices and the economic setbacks of the coronavirus pandemic.
Speaking during an official v ...