Angolan government invested 85.1 billion in the oil sector over the past nine years
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Angolan government invested 85.1 billion in the oil sector over the past nine years

Jornal de Negócios9 September 2026 at 23:15

The Angolan government invested 85.1 billion in the oil sector over the past nine years. This information was conveyed by Angola's Minister of State for Economic Coordination, José de Lima Massano.

During this period, 72 new oil concessions were negotiated in the country. Of this total, 44 have already been signed, while the remaining ones are still in the approval phase.

The article does not specify the specific objectives behind these investments nor does it provide additional details about the impact of these values on the Angolan oil sector.

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