BLUE
KM
Kate Mackenzie
@katemac.bsky.social
understander of things climate-related, polycrisis co-writer, now somewhat less exhausted
2.3k followers944 following412 posts
KMkatemac.bsky.social

Angola’s finance minister earlier this month demonstrating new strategic non-alignment: China, Europe, US need to show up financially if they want us to buy their stuff; and we prefer FDI rather than more debt. www.reuters.com/markets/ango...

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KMkatemac.bsky.social

Of interest for climate folk, as Angola gets 95% of export revenue from crude oil & would like to shift away from it:

(Screenshot from Reuters)

Summary
- Angola seeks help to reduce reliance on oil
- Considering bids from China, EU including green tech
- Beijing must find buyers for it EV and solar panels stocks
- Luanda looking for more investment, fewer loans
2
KM
Kate Mackenzie
@katemac.bsky.social
understander of things climate-related, polycrisis co-writer, now somewhat less exhausted
2.3k followers944 following412 posts