BUSINESSTHE RIO TIMES
Angola Puts Its State Giants Up for Sale to Break the Oil Habit
Angola is selling stakes in its major state-owned companies, including Unitel and Sonangol, as part of a privatization effort aimed at reducing economic dependence on oil.
Related Signal
Adjacent reporting
- Colombia’s State Oil Giant Moves to Take Over a Brazilian Producer
- Mideast Oil Revival Gathers Pace as Qatar Sells Crude to Asia
- Crude Intentions: How China Became the Clearing Market for Sanctioned Oil
- Australia Orders Chinese Investors to Sell Stakes in Mining Firm
- Pakistan offers up 3 state-owned power distributors in privatization push
- Debatable: Government stakes in AI