Jump to navigation

Vol 2 (AAC) No 12

Published 1st October 2009


How the Sino-Angolan alliance works

The China International Fund (CIF) was born in the aftermath of Angola's civil war as the Luanda government embarked on Africa's costliest post-war reconstruction, fuelled by oil, gas and mineral resources. Founded in 2003 by Dayuan International Development (then Beiya International Development), CIF has financed well over US$3 billion of business in Angola, mostly channelled through the Gabinete de Reonstrução Nacional, a body set up in 2004 to allow President José Eduardo Dos Santos and his ally General Helder Viera Días to manage these huge investments.

End of preview - This article contains approximately 423 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.