LUANDA (Reuters) – The daughter of a former president of Angola failed to respond to her first summons from state prosecutors to answer questions about her time running Sonangol, the state oil company, Angola’s state news agency reported. Isabel dos Santos is allowed to provide reasons for not appearing three times, state news agency Angop…

LUANDA – Angola has offered investors diamond exploration licenses that previously belonged to Isabel dos Santos, daughter of the former president, according to a video clip of a closed-door meeting with mining companies seen by Reuters. During the meeting at a mining conference in Cape Town last month, president of state diamond company Endiama, José…

By DW No one believed the new president of Angola, Joao Lourenco, when he promised thorough reforms. But the man once considered to be a puppet of the old regime has turned out to be as good as his word. Or has he? A few days before Christmas, President Joao Lourenco struck again: he replaced…

By africanews Angola’s state oil company (Sonagol) has announced an investigation into “possible misappropriation” of funds by Isabel dos Santos, the daughter of the former president, during her time as the company’s chief executive. “We have established an internal commission of inquiry to investigate the information published,” Sonangol spokesman Mateus Benza said on Tuesday. “We…

By Reuters LUANDA/LONDON (Reuters) – On Oct. 6, with the dust still settling on Angola’s first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron (CVX.N), Total (TOTF.PA), BP (BP.L), Eni (ENI.MI) and Exxon (XOM.N)…

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 —…

© 2018 - Friends of Angola

All Rights Reserved to  friendsofangola.org