To reduce inequality Angola needs to diversify its oil/diamond-dependent economy, save & invest for the future

This Article focuses on problems that face many African states with regards to integrating economic growth with social equality and becoming less dependent on natural recourses through the process of diversification. The article gives insight on the measures Angola could take to bring about equitable society that stresses the importance of good governance, sound policies and diversification. Therefore attracting investors to all sectors and not just the diamonds and oil.

Currently, the World Bank’s “Ease of Doing Business” report ranks Angola 179 out of 189 countries – See more at: http://www.un.org/africarenewal/magazine/august-2014/inequality-clouds-growing-economy#sthash.LDQqbvNp.dpuf. To reduce inequality Angola needs to diversify its oil/diamond-dependent economy, save & invest for the future

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