Angola: E200m credit line for Sonangol


Issue 305 - 24 Jul 2015 | 1 minute read

Italian export credit agency Sace has signed a new co-operation agreement with the Ministry of Finance and finalised a E200m ($217m) credit line with national oil company Sonangol. The co-operation accord was signed by Sace head Alessandro Castellano and finance minister Armando Manuel. The agreement was witnessed by Italian Prime Minister Matteo Renzi and President José Eduardo Dos Santos, during the Angolan leader’s early July visit to Italy.

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