Italy’s SACE finalises €200 million credit for Angola’s Sonangol

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

Italian export credit agency, SACE, has signed a cooperation agreement with the Angolan Ministry of Finance. The agency has also finalised a €200 million ($220 million) credit line in favour of the Angolan public oil & gas company Sonangol, aimed at supporting export and investments of Italian companies in the African country.

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