Angola Energy Profile: Economy Vulnerable To Crude Oil Price Swings – Analysis
Published
Angola is the second-largest total liquid fuels producer in Sub-Saharan Africa, after Nigeria, based on annual 2021 production levels. Angola’s economy is largely based on hydrocarbon production, making it vulnerable to crude oil price swings. According to the World Bank Group, Angola exited a five-year recession in 2021, and...
Full Article