Tag Archives: Sonangol

Luanda, Angola | AFP |  Angola’s former president Jose Eduardo dos Santos has denied links to alleged public company embezzlement during his rule, in his first response to corruption investigators last month freezing his daughter’s assets. Isabel dos Santos, the ex-president’s billionaire first-born, has been the target of an anti-corruption …

Luanda, Angola | AFP |  Angolan President Jose Eduardo dos Santos’s daughter, reportedly Africa’s richest woman, has been cleared to head the national oil company Sonangol, after a court rejected a legal challenge. Isabel dos Santos was put in charge of Sonangol in June in a move some analysts said …

Luanda, Angola | AFP | Angolan state-owned oil company Sonangol rode the commodities boom that drove the country’s extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis. The Luanda-based company has increasingly been in focus since Isabel dos Santos, the billionaire daughter of …