Source: China – South China Morning PostAt the height of the pandemic, Angola struck a deal with Chinese lenders to defer debt servicing as the virus threatened to push the southern African nation into default.China Development Bank (CDB) and the Industrial and Commercial Bank of China (ICBC) handed Angola a three-year debt relief package of at least US$4.9 billion from 2020 to 2023, according to data tracked by the China Africa Research Initiative. Luanda also received an undisclosed amount of debt relief from China Eximbank.But as…Read More