SecondLargest

Angola and Nigeria: Navigating the Oil Price Storm As Sub-Saharan Africa's second-largest crude oil exporter, Angola is bracing for significant economic challenges in the coming years. The nation has crafted its 2025 budget around an optimistic oil price benchmark of $70 per barrel. However, the reality is stark: Brent crude prices recently dipped below $60, marking the lowest level we've seen in four years. The question looms large—what does this mean for the country's economic stability and future prospects?…