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Chavez sees promising energy deals with Algeria

Venezuelan leader, Algerian counterpart sign economic and political accords, discuss international issues. ALGIERS – Venezuelan President Hugo Chavez on Tuesday hailed as “very promising” the prospect of economic and energy cooperation with Algeria after meeting here with the country’s leader Abdelaziz Bouteflika.

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Africa’s oil states will lead growth, says OECD

LONDON (Bloomberg) – Africa’s economic growth will accelerate to 5.8% this year from 5% last year, led by oil-producing states such as Nigeria and Angola, according to the Organization for Economic Cooperation and Development (OECD). “The outlook for much of Africa continues to be more favorable than it has been …

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