Angola sacks Africa's richest woman

The president of #Angola, #JoaoLourenco, has fired the daughter of his predecessor as head of the country's state oil company #Sonangol. #IsabelDosSantos, the billionaire daughter of former President José Eduardo dos Santos, is Africa's richest woman. Mr Dos Santos was Africa's second longest-serving leader until he stepped down in September after 37 years.


The country is under increased scrutiny since it was revealed, in the #ParadisePapers leak, that its national sovereign wealth state has paid tens of millions in fees to a businessman, who works closely with Isabel's brother Jose Filomeno.


Angola is #Africa's second-biggest oil producer but its economy has been hit by a drop in #oil prices.

Source: https://gabrielatanbiyi..com.ng/2017/12/angola-sacks-africas-richest-woman.html