[gravityform id=1 title=false description=true ajax=true]

Follow CAP on Social Media

Listen to the CAP Podcast

China Bankrolled Massive Borrowing Among Africa’s Major Oil Exporters But What Happens Now That Crude Prices Have Crashed?

Image via Quartz.

Consider that on Thursday, February 20th, the price of a barrel of Angolan Cabinda oil was $62.19. Yesterday, just 26 days later, the price had fallen by almost half to $32.21.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Africa Project?

Independent

The CAP is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Africa stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalist and a variety of stakeholders in the China-Africa discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.