Angola’s 65 Years of Oil History has been Good for Angola Despite Some Challenges

In addition to generating vast amounts of revenues, good paying jobs and improving key socioec-onomic indicators, oil and oil-sector reforms in Angola intended to make the sector globally com-petitive have also led to progressive and reform-driven growth in other sectors Angolan lawmakers last week approved the revision of current legislation, allowing for oil and gas pre-exploration studies to be carried out in some areas previously designated as natural reserves. The government however stressed, that this law was by no means […]

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