Angola Partners with AFC in New Growth Phase to Boost Value From Commodity Exports

Angola Partners with AFC in New Growth Phase to Boost Value From Commodity Exports

LUANDA, Angola —Angola, which recently became Africa’s largest oil producer, is seeking to add more value across the commodity exports spectrum by partnering with the Africa Finance Corporation as a shareholder and its 35th member state. With Angola’s natural resources in high demand as Europe seeks alternative sources of fuel and foodstuff in the wake of the Ukraine-Russia crisis, the partnership with AFC will help to drive the nation’s next growth and development phase, said Finance Minister Vera Daves. ”Membership of AFC offers Angola a much-needed partnership with a highly…