Tag Archives: Angolan oil

Sonangol’s New Dawn

The core question over the future of Angolan oil is answered. João Lourenço is not sitting idle while the descendants of former president José Eduardo dos Santos rule over the country’s most profitable and important institutions. The take down on Sonangol’s board of directors and, specifically, Isabel dos Santos, which was ousted from the company last week, marks João Lourenço’s decisive statement that he is now truly the president of Angola, and not a puppet of the previous administration. read more

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