Africa: Angola becomes Africa’s largest oil producer

Angola overtook Nigeria this year as Africa’s largest, and the world’s eighth largest, oil producer—a combination of Angola’s surge in growth and Nigeria’s decline in production following rebel attacks on its oilfields. Angola is now producing over 1.9 million barrels per day (bpd) of high-quality crude oil from onshore and near-shore fields, up from 900,000 bpd in 2002 and from 500,000 bpd in 1993.