Angola to join oil and extractives transparency group

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.

Business
We're wasting 40 per cent of our food FAO
Business
Local electric mobility sector to bag billions from Ruto US tour
Business
Nassir's quest to levy trucks inside the port run into headwinds
Motoring
Motoring: Why vehicles are swept away during floods