The Angolan autocrat, president from 1979 to 2017, built up the wealth of his family and that of his generals at the expense of the citizens
Law enforcement agencies are cracking down on the high profile family of former Angolan president José Eduardo dos Santos, accused of plundering revenues from the country’s vast oil wealth. During dos Santos’ 38-year rule from 1979, his offspring occupied top positions in the government and in lucrative sectors ranging from banking, telecoms and media to […]
One year ago, the Dos Santos family handed the Angolan presidency over to João Lourenço. Now the ex-president’s son has been arrested
João Lourenço’s first year in office has been marked by notable reforms. If ordinary Angolans are to benefit this momentum must continue
Jose Filomeno dos Santos has been accused of the illegal transfer of $500-million when he was the head of the country’s sovereign wealth fund
Lourenco’s manoeuvering against the nepotistical vestiges of Angola’s last president began in November with the toppling of Isabel dos Santos
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In November, within three months of taking control of Angola, Lourenco sacked dos Santos’s daughter — Africa’s richest woman
In recent weeks, several Angolan media outfits have accused dos Santos of ordering suspect transfers and payments worth tens of millions of dollars.
​Angolan President Joao Lourenco has fired his predecessor’s daughter, Isabel dos Santos, from her influential post as head of the state oil company
State-owned Sonangol has exclusive rights to Angola’s oil economy, making it a plum target for politicians.
Due to the rising cost of fuel Zambia has planned to begin importing refined petroleum products from neighbouring Angola.
Angola is set to exempt companies exploring for natural gas from paying taxes and will increase pressure on oil companies to hire more local workers,
A new refinery in South Africa is likely to be the only one to go ahead in the short-term from a slew of projects proposed in sub-Saharan Africa, analysts say. Dozens of developments have been announced in recent years in countries including Angola, Nigeria and Zimbabwe but most will stay on the drawing board.
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/ 2 November 2007
Africa’s state-owned oil firms are taking a bigger role in the rush to tap the continent’s energy resources and threatening to upstage the Western majors who have dominated exploration and drilling for decades. Governments from Luanda to Lagos are pushing for greater control and laying down increasingly stringent rules for the international firms.