Tag Archives | Isabel dos Santos

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Isabel dos Santos ‘steals’ US$135 million from Sonangol

Isabel dos Santos, Africa’s richest woman, has ‘illegally’ transferred more than US$135 million belonging to state oil company Sonangol to her four private companies using the Portuguese bank Banco BIC, Maka Angola reported early this week. Dos Santos, the eldest daughter of former President Jose Eduardo dos Santos, was Sonangol board chairperson for 18 months […]

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‘Dishonest’, ‘fraudulent’ Isabel dos Santos’ in trouble over Unitel missing funds, unpaid dividends

Africa’s richest woman, Isabel dos Santos, has committed fraudulent and dishonest acts in the management of Angola’s cellphone provider Unitel, according to a landmark decision made recently by a British judge. Billionaire dos Santos, whose fortune is valued at US$3.5 billion, is a major shareholder at Unitel, which she controls through Vidatel. Maka Angola, a […]

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Angola ‘new’ president ready to take over

(BY MANUEL LUAMBA AND GUILHERME CORREIA DA SILVA) Appointed recently as the Angolan presidential candidate of the ruling MPLA for the upcoming elections, former army general and current defence minister Joao Lourenço is preparing to take over from outgoing President Eduardo dos Santos. ‘Ailing’ dos Santos, who has been in power since 1979, said he […]

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isabel dos santos

The rise and rise of Africa’s richest woman

DW/DPA/Guilherme C. da Silva/Pedro B. Ndomba/Sifa News Isabel dos Santos (43) is the oldest daughter of Jose Eduardo dos Santos, the President of Angola. She is Africa’s richest woman, with a fortune estimated at US$3.2 billion, according to Forbes. Angola, which is currently Africa’s biggest oil producer, has a poverty rate of about 40%. Born […]

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