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Event Brief

Angola's Sonangol in Talks for $4.8B Refinery Loan

Sonangol is negotiating a $4.8 billion loan with China for a new refinery in Lobito, marking a significant financial move.
WHO: Sonangol
WHAT: Negotiating a $4.8 billion loan
WHEN: Feb 26, 2026 at 7:57 AM ET
WHERE: Lobito
WHY: To partially finance a new refinery
Sources (1): Africa News

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