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Farooq

Archive by Category "Angola"

HomeArchive by Category "Angola"

JOHANNESBURG, April 15 (Reuters) – Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an opportunity to push for reforms and inject transparency into opaque economies.  Top of the list is Angola, Africa’s second biggest crude producer and third largest economy, which has not borrowed […]

Angola is now the number one oil producing nation in Africa, taking over the position from Nigeria. In its latest monthly report, the Organisation of Petroleum Exporting Countries (OPEC) said Nigeria’s oil production fell by 67,000 barrels per day (bpd) in March. The report said Nigeria produced 1.677 million bpd in March, down from 1.744 […]