Sonangol
latest news & developmentsJosé Eduardo dos Santos, a legacy of kleptocracy
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
Angola’s dos Santos family empire in the firing line
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…
Angola: The fall of the Dos Santos clan
One year ago, the Dos Santos family handed the Angolan presidency over to João Lourenço. Now the ex-president’s son has been arrested
Lourenço’s first year: Angola’s transitional politics
João Lourenço’s first year in office has been marked by notable reforms. If ordinary Angolans are to benefit this momentum must continue
Dos Santos’s son charged with fraud
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
Angola’s Lourenco keeps pressure on Dos Santos cronies
Lourenco’s manoeuvering against the nepotistical vestiges of Angola’s last president began in November with the toppling of Isabel dos Santos
Angolan leader denies tensions with predecessor despite clean-up campaign
In November, within three months of taking control of Angola, Lourenco sacked dos Santos’s daughter — Africa’s richest woman
Angola oil giant probes Isabel dos Santos graft claims
In recent weeks, several Angolan media outfits have accused dos Santos of ordering suspect transfers and payments worth tens of millions of dollars.
Daughter of Angola’s ex-president sacked as state oil chief
Angolan President Joao Lourenco has fired his predecessor’s daughter, Isabel dos Santos, from her influential post as head of the state oil company
Angolan elections are threatening the flow of state oil money into elite pockets
State-owned Sonangol has exclusive rights to Angola’s oil economy, making it a plum target for politicians.
Zambia seeks Angolan fuel products import deal
Due to the rising cost of fuel Zambia has planned to begin importing refined petroleum products from neighbouring Angola.
Angola set to exempt gas explorers from tax
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,
Africa plans many oil refineries, only one likely
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…
State firms flex muscle in Africa oil boom
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…