Macro Finance
Angola’s Oil Windfall Fuels Diversification Push, Citi Says
Bloomberg Markets·November 12, 2026·1 min read
Angola's push to diversify its economy away from oil is gaining momentum, according to Citigroup Inc. The government is using a surge in crude revenue to finance structural reforms and invest in energy, transport, and other industries. The strategy aims to reduce dependence on the oil sector.
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