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Angolan President Sacks Minister, Head of Security Service

Angolan President Sacks Minister, Head of Security Service

Angolan President João Lourenço Monday sacked the security minister and head of security and intelligence service over a financial scandal. “General Pedro Sebastião is sacked from the position of Minister of State and Head of the Security House of the President of the Republic to which he had been appointed on September 28, 2017. “Under […]

‘No Negotiations’ With Dos Santos – President Joao Lourenco

‘No Negotiations’ With Dos Santos – President Joao Lourenco

In an exclusive with DW, Angolan President Joao Lourenco spoke for the first time about allegations against Africa’s richest woman, Isabel dos Santos. He also defended his role in a government led by her father. Reports of corruption have blighted Angola since President Joao Lourenco took office in 2017, despite campaign promises to reform the […]

President Joao Lourenco Offers Grace Period To Recover Funds

President Joao Lourenco Offers Grace Period To Recover Funds

Angola will set a moratorium in January to allow citizens with money abroad to repatriate their funds, as the oil-producing country struggles to ease an acute dollar shortage that began soon after oil prices dropped in 2014. “Angolans who repatriate overseas funds and invest in the economy, companies that generate goods, services and jobs won’t […]