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By Jason Mitchell Angola – the world’s second-biggest diamond producer – possesses abundant reserves of critical minerals, vital for the green energy transition. With a strategic focus on reducing dependence on oil exports, the country is actively pursuing an economic diversification drive. In 2023, Angola was Africa’s third-largest crude oil producer after Nigeria and Libya. With a daily output of around 1.098m barrels, it closely followed Nigeria’s 1.23m barrels and Libya’s 1.18m barrels. Commercial oil exploration in Angola only began in the 1950s – the first offshore field, located close t…

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