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Page added on August 10, 2009

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Angola praised on Asian oil deals

One of Africa’s largest oil producers, Angola, is much tougher in negotiating deals with Asian firms than critics might suggest, a new report claims.

UK-based think-tank Chatham House says the country does not fit the stereotype of weak African states being exploited by resource-hungry Asian tigers.
Their report contrasts Angola with Nigeria, which it says has mismanaged its relations with Asian firms.

It says Nigeria has put $20bn (



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