EDC flouts Angola risk for landmark locomotive deal

Despite the economic uncertainty in Angola, EDC has agreed a financing for the country which will contribute to the completion of one of the final steps to opening a new trade corridor in Western Africa.

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Comments (1)

  • William Laraque
    William Laraque, US-International Trade Services 13 October 2016

    Once again the ineffectiveness of Washington DC provides our US competitors with an opportunity to finance exports and to create jobs. In this case, improving the infrastructure of West Africa will lead to economic growth and greater trade opportunities for Africans and Americans. EDC and Canada have demonstrated that the swamp and foggy bottom that mire Washington DC need not envelope the more determined and forward-looking of the world's financiers.

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