Luanda, Angola | AFP | Two Angolan journalists were acquitted by a judge on Friday over an article of accusing a former attorney general of corruption, in a verdict welcomed by press freedom activists. Investigative journalist Rafael Marques and editor Mariano Lourenco faced charges of insulting a public authority over …
Read More »Angola looks beyond crude oil to fish oil
Benguela, Angola | AFP | Angolan President Joao Lourenco has named diversifying the oil-dependent economy as his top priority after he became the country’s first new leader in 38 years. And one natural and readily available resource that has been identified is fish — but a lack of equipment and …
Read More »Angola passes law to attract foreign investment
Luanda, Angola | AFP | Angola on Thursday passed a law scrapping rules that previously forced foreign investors to partner with local firms, as President Joao Lourenco tries to revive the oil-dependant economy. Lourenco has vowed to pull in foreign investment after he succeeded Jose Eduardo dos Santos, who had ruled …
Read More »Striking Angola teachers win new pay deal
1942, Angola | AFP | Angolan teachers on Friday ended a strike after reaching a deal with the government on pay and conditions, their union said. The teachers had begun the walk-out, originally planned to last for three weeks, on Monday in what was seen as President Joao Lourenco’s first …
Read More »Angolan ex-strongman’s son planned to steal $1.5 bln: govt
Luanda, Angola | AFP | The son of Angola’s former president Jose Eduardo dos Santos planned to siphon off $1.5 billion when he ran the oil-rich country’s sovereign wealth fund, the finance ministry said Monday. The figure is three times higher than an initial sum illegally transferred to a London …
Read More »Angola rivalry as veteran Dos Santos casts long shadow
Luanda, Angola | AFP | Tensions between Angola’s president and his long-serving predecessor have erupted into the open as an anti-corruption drive targets the former ruler’s family. President Joao Lourenco has pledged to crusade against entrenched state corruption and nepotism since taking over in September from Jose Eduardo dos Santos, …
Read More »Son of Angola’s ex-president charged with fraud
Luanda, Angola | AFP | The son of Angola’s former president Jose Eduardo dos Santos has been charged with fraud linked to a $500 million transfer executed when he ran the country’s sovereign wealth fund, prosecutors said Monday. Jose Filomeno dos Santos is accused of “fraud, misappropriation of funds, money …
Read More »Graft, deprivation sharpen Angola’s malaria outbreak
Luanda, Angola | AFP | Heavy rains, filthy conditions, medicine shortages and endemic corruption have combined to make a lethal malarial cocktail for Angola. Since the start of the year more than 300,000 cases of the disease have been reported across the country, leading to at least a thousand deaths. …
Read More »Angola’s Isabel dos Santos denies Sonangol fraud claims
Luanda, Angola | AFP | Angolan businesswoman Isabel dos Santos, daughter of former president Jose Eduardo dos Santos, on Monday denied claims that she presided over corruption when she ran state oil giant Sonangol. Prosecutors opened an investigation on Friday into possible graft at Sonangol and will probe “irregular financial …
Read More »Angola probes Isabel Dos Santos’ time as Sonangol chief
Luanda, Angola | AFP | Angolan prosecutors opened an investigation on Friday into possible corruption at the country’s state oil giant when it was run by former president Jose Eduardo dos Santos’ daughter Isabel. Investigators will probe “irregular financial transfers” reported by Sonangol’s new management, prosecutors said in a statement. …
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