News Angola: Africa’s richest woman removed as head of Angola state oil group
Angola’s president João Lourenço has dismissed Africa’s richest woman, Isabel dos Santos, as head of the country’s state oil company, in a bold move to wrest power from the family of the country’s former leader. The daughter of former president ...
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News Angola: Angola’s President Fires Dos Santos’ Daughter as Sonangol Boss
Angolan President Joao Lourenco dismissed Isabel dos Santos as chair of state-owned oil company Sonangol as he takes aim at the family of former President Jose Eduardo dos Santos. Africa’s richest woman was relieved of her post along with the entire ...
News Angola: Angola's president shifts Sonangol head, board - GkMen
GkMenAngola's president shifts Sonangol head, boardGkMenLourenco formerly served as the defense minister in Dos Santos' regime and is part of the MPLA, which has been the ruling party for nearly 40 years. Dos Santos, who is estimated to be worth $2.5bn, owns Angola's largest mobile-phone company Unitel as ...and more »
News Angola: Daughter of Angola's ex-president sacked as state oil chief
Luanda (AFP) - Angolan President Joao Lourenco on Wednesday fired his predecessor's daughter from her influential post as head of the Sonangol state oil company, the presidency said in a statement. The sacking marks a watershed moment in Lourenco's young ...
News Angola: Angola native to fight for MMA world title Saturday in Salamanca - Buffalo News
Angola native to fight for MMA world title Saturday in SalamancaBuffalo NewsA local mixed martial artist is set to headline a nationally broadcast event at the Seneca Allegany Resort & Casino in Salamanca on Saturday night. The main fight of the King of the Cage event features Patrick "Patchy" Mix of Angola and Andrew Ewell of ...
News Angola: Africa’s richest woman has been fired from Angola’s state oil firm by the new president
Not yet two months into his tenure as Angola’s new president, João Lourenço has started shaking things up. With a net-worth of more than $3 billion, dos Santos is Africa’s richest woman. However, much of her wealth is linked to her family’s near ...
News Angola: Africa's richest woman Isabel dos Santos sacked from Angolan oil firm - cce online news (press release) (blog)
cce online news (press release) (blog)Africa's richest woman Isabel dos Santos sacked from Angolan oil firmcce online news (press release) (blog)Angolan President Joao Lourenco has sacked Africa's richest woman Isabel dos Santos as chair of the board of Angolan state oil firm Sonangol. She was appointed to the post 2 years ago by his father and former president José Eduardo dos Santos. She will ...and more »
News Angola: Africa’s Richest Woman Isabel dos Santos Is Out of a Job After Being Sacked From Managing Angola’s Oil
For a long time, Isabel dos Santos has been untouchable. The daughter of former Angolan president José Eduardo dos Santos—who ruled the African country for 38 years before stepping down in August—the 44-year-old Isabel built up an enormous business ...
News Angola: Experienced Nigerians end KPA's dreams in Angola - Daily Nation
Daily NationExperienced Nigerians end KPA's dreams in AngolaDaily NationAkashili Nkechi (centre) of Nigeria's First Bank drives past Beryl Akoth (No. 4) and Natalie Akinyi (No. 8) of Kenya Ports Authority during their Fiba Africa Champions Cup for women quarter-finals match in Luanda on November 17, 2017. First Bank won 84-63.and more »
News Angola: IMF: Angola in 'Mild Recovery,' But Macroeconomic Challenges Remain
The Angolan economy is set to grow 1.1 percent this year as sub-Saharan Africa's third-largest economy enjoys a mild recovery, the International Monetary Fund said Wednesday following a 10-day visit to the country. But Ricardo Velloso, the Brazilian ...
News Angola: W. Africa Crude-Loading plans surface, Trafigura wins IOC tender - Reuters Africa
W. Africa Crude-Loading plans surface, Trafigura wins IOC tenderReuters AfricaLONDON, Nov 17 (Reuters) - More Nigerian export plans for January surfaced, while trader Trafigura won the right to sell Nigerian oil to Indian Oil Corp. Angola's Sonangol had not yet allocated its January cargoes, limiting offers of the cargoes.and more »
News Angola: Isabel dos Santos dismissed as chair of Angola's Sonangol - presidency
LUANDA (Reuters) - Angolan President Joao Lourenco has dismissed Isabel dos Santos as chair of the country’s state oil company Sonangol, the president’s spokesperson said on Wednesday. Dos Santos will be replaced by Carlos Saturnino, a former Sonangol ...
News Angola: Angolan Leader Ousts Predecessor's Daughter as Oil Chief - New York Times
New York TimesAngolan Leader Ousts Predecessor's Daughter as Oil ChiefNew York TimesAfter making a campaign promise to root out nepotism, Angola's new leader turned his sights Wednesday on the oil industry, ousting his predecessor's daughter as head of the nation's largest company. The move by President João Lourenço shakes up the ...and more »
News Angola: IMF: Debt Service to Account for over 60% of Govt Revenue in Nigeria, Gabon, Angola
The International Monetary Fund (IMF) has warned that debt servicing costs are becoming a burden, especially in oil-producing countries, noting that such costs were expected to absorb over 60 per cent of government revenues in 2017 in Nigeria, Angola and ...
News Angola: Angola Telecom to become third mobile operator - Telecompaper
Angola Telecom to become third mobile operatorTelecompaperAngola Telecom will be the third mobile operator in Angola and intends to carry out the first tests of its services in the first quarter of 2018. According to daily Expansao, Antonio Goncalves, the executive director of Inacom, confirmed the licensing ...
News Angola: Angola leader removes dos Santos daughter as oil firm chair
JOHANNESBURG (AP) — Angola's new leader has removed the daughter of former President Jose Eduardo dos Santos as chair of the state-owned oil company, the government announced Wednesday, in a surprise move that appeared to assert independence from one of ...
News Angola: Fort Wayne native and former Chicago White Sox “Jungle Jim” Rivera dies at 96 - News Sentinel
News SentinelFort Wayne native and former Chicago White Sox “Jungle Jim” Rivera dies at 96News SentinelThe irrepressible Rivera, known for his speed, huge cigars, headfirst slides, and humor was often fodder for sports writers who delighted in his genial unpredictability. Retirement from baseball saw him take up the reins at Angola's venerable Captain's ...and more »
News Angola: Angola President Dismisses Sonangol Chair Isabel Dos Santos
LUANDA (Reuters) - Angolan President Joao Lourenco dismissed Isabel dos Santos as chair of the state oil company Sonangol on Wednesday in a dramatic move against the family of the former president. The daughter of Jose Eduardo dos Santos, who ruled Angola ...
News Angola: Angola: Sonangol Must Focus On Its Core Business - Specialist - AllAfrica.com
Angola: Sonangol Must Focus On Its Core Business - SpecialistAllAfrica.comThis stance has been defended by the specialist in energetic market and also researcher of the Angolan Catholic University (UCAN), José de Oliveira, at an interview to the public RNA radio, in the ambit of the recent dismissal of the Sonangol board ...and more »
News Angola: Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture - Africa Intelligence
Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of pictureAfrica IntelligenceCarlos Saturnino, a close friend of the new presidential couple appointed secretary of state for oil on October 12 (AEI 803), has taken over the chairmanship from Dos Santos, daughter of former Angolan president, Jose Eduardo dos Santos. Last year, Dos ...and more »