Graft is a notable reason. An estimated 10% is lost to that cause alone.
American oil companies pay Angola a fee for drilling rights and the oil.
Source: Textbook
Angola has a communist government and an oil and diamond economy.
It is an oil based Communist State.
Probably because the local people are not in control.
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
Angola has oil and they come in 16th place in world ranking but the leadership is very bad they do not know haw ro run a country they are ignorant so that is what makes it seem like Angolians are poor but really they are richer than you think and for those leaders bad is coming for them whatever you plant is what you get back in the end. :)
i need it
i need it
Angola is poor because the oil prices are to high and things cost to much. Angola is not even in the top 50 richest country.
Oil
Angola has a communist government and an oil and diamond economy.
Oil, diamonds,
Angola has a communist government and an oil and diamond economy.
Oil and diamonds.
Oil and diamonds.
Oil and diamonds.
Algeria, Angola and Nigeria are the top three oil producing nations in Africa, with Angola and Nigeria very closely ranked.Now Nigeria
Angola