Angola to join transparency group

Business
By Reuters | Aug 31, 2020

Angola plans to join the Extractive Industries Transparency Initiative (EITI), an international effort to fight corruption in revenues from oil, gas and mineral extraction.

Tete Antonio, Angola’s minister of foreign affairs, announced the move.

He said Angola has demonstrated its commitment to promote open and accountable management of its natural resources.

Angola’s President Joao Lourenco has embarked on an anti-graft drive since taking power from Jose Eduardo dos Santos, who stepped down in 2017.

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