By Allafrica Luanda – President João Gonçalves Lourenço Wednesday in Luanda fired the CEO of the State-owned Oil Company (Sonangol), Isabel dos Santos. In a press release from the Civilian Affairs Office to the Presidency of the Republic that reached Angop on Wednesday, João Lourenço relieves Carlos Saturnino Guerra Sousa e Oliveira from secretary of…

By Africanews Africa’s richest woman and daughter of the immediate past Angolan leader, Isabel dos Santos is the 74th most powerful woman in the world. The 44-year-old was also the only African to have made it to Forbes magazine’s ranking of the top 100 women for this year. Isabel who is currently head of the…

LUANDA (Reuters) – Angola’s new President João Lourenço is making swift moves to wrest power from his predecessor Jose Eduardo dos Santos, pushing out some of his key allies and vowing to combat monopolies controlled by a family that has run Angola for four decades. Dos Santos, 75, handpicked Lourenço, 63, to succeed him when…

By NORIMITSU ONISHI LISBON — How the roles have reversed: The colonizer, some Portuguese contend, has been colonized. On the Portuguese coast of Cascais, where the nation’s royal court used to summer, a new 14-story condominium building looms confidently by the sea. So many of its apartments have been bought by Angola’s ruling class —…

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