China and Angola established strong bonds among these countries, based on a significant Chinese investment in Angola over the last two decades.

With the Chinese investment consistently increasing, by 2008 Angola became the biggest strategic partner in Africa with the volume of transactions reaching 30 billion dollars.

Even in 2020 and regardless the pandemic, the Chinese investment reached around 120 million dollars in the first five months of the year.

Provinces like Bengo and Luanda are the most popular among Chinese investors.

Agriculture, Industry, and Energy are among the main areas for foreign investors. However, Chinese investors have shown the intention of accessing various sectors, especially those who create added value and ability to return.

Also read: Angola's strategy is to remain in cooperation with China - Finance Minister

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