In early February 2018, Angola signed a 70-million-dollar agreement with the World Bank to develop the nation’s local economy. The loan is specifically targeted at infrastructure construction of medical centers, staff residences and other public works. The African nation has unsuccessfully sought to attract investors and appears to be turning its aspirations inward. Like many…
Tag: oil production
Saudi Moves Forward on Education and ICT
Saudi Arabia has begun to shift its focus in recent years away from oil economy dependency and toward greater inclusion in more flexible markets and industries. Technology has become a major force multiplier in the world today for economies around the globe, especially those in developing economies. The Kingdom has recognized that it’s oil economy…
Lela Winston 