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Getting with diversification

The collapse of prices in the current energy cycle has – notwithstanding the recent partial recovery – started to stress the economies of several countries in the emerging markets, particularly in Africa.

Getting with diversification Getting with diversification Getting with diversification Getting with diversification Getting with diversification

Nigeria is one country starting to look at developing a mining industry (photo: Kogi Iron’s Agbaja iron ore project)

Growth in countries such as Venezuela, Angola, Nigeria and Mozambique during the course of this century has in large part been fuelled by sales of oil and gas to the developed markets in North