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Angolan state energy giant Sonangol is spinning off non-core investments in areas such as banking and real estate into a separate fund to allow it to focus exclusively on oil, new CEO Isabel dos Santos said on Thursday.
In her first interview since being appointed last week, the daughter of Angola President Jose Eduardo dos Santos also pledged to bring openness and efficiency to the 40-year-old company that is frequently criticised as opaque and unwieldy.
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