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Joao Lourenco

African oil-producing countries among the most hard-hit as oil price plunges

African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
Zimbabwe president Emmerson Mnangagwa attended the investiture of his Namibian counterpart Hage Geingob in Windhoek on Saturday, defying his own government’s ban on anyone leaving the country over coronavirus.

Zimbabwean leader defies own travel ban to attend Namibia swearing-in

Zimbabwe president Emmerson Mnangagwa attended the investiture of his Namibian counterpart Hage Geingob in Windhoek on Saturday, defying his own government’s ban on anyone leaving the country over coronavirus.

Angola prosecutors close in on former president’s children

Angola’s former first son Jose Filomeno dos Santos has spent hours contemplating the marble floor and wood-panelled walls of Luanda’s Supreme Court where he has been on trial since December.

Angola’s ex-president defends son over embezzlement charge

Angola’s ex-president has defended his son and a former central bank governor who are accused of embezzling $500 million from the country’s sovereign wealth fund, court documents showed on Tuesday.
US Secretary of State Mike Pompeo visits Senegal on 16 February. Aliou Mbaye-EPA

Mike Pompeo hails Angola’s anti-graft campaign

Visiting US Secretary of State Mike Pompeo on Monday lauded Angolan President Joao Lourenco's anti-corruption drive, which has seen him pursue his predecessor's children over accusations they fleeced state coffers.
Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

Portugal freezes bank accounts of Angola’s Isabel dos Santos

Portugal, in a sensational show of action, has ordered a freeze on bank accounts held in the country by Angola's billionaire former first daughter Isabel dos Santos, as the fraud case against her catches steam.
Rwandan President Paul Kagame (left) and his Ugandan counterpart Yoweri Museveni, during a meeting at State House Entebbe on March 25, 2018. (courtesy of CGTN)

Rwanda, Uganda strike prisoner swap deal

Neighbouring Rwanda and Uganda have agreed on a deal on Sunday to swap prisoners to help ease tensions following mutual accusations of spying and political meddling.

What does the surprise exit of Burundi’s Pierre Nkurunziza mean?

President Pierre Nkurunziza's decision not to run in Burundi's elections in May has come as a surprise.
Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

Isabel dos Santos plans legal action against media over ‘Luanda Leaks’

Angolan billionaire Isabel dos Santos plans to take legal action against media who published a vast enquiry dubbed "Luanda Leaks" about the origin of her fortune, according to a statement issued on Tuesday by her Portuguese PR firm.
Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

Isabel dos Santos’s Portugal funds embezzled – Angolan prosecutor

Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

Leaked documents destroy reputation of Isabel dos Santos

Isabel dos Santos, 46, the daughter of Angola’s long-running leader of 38 years, was mostly seen as untouchable in Luanda.

Isabel dos Santos’ graft scandal ups stakes for Angola

Allegations of corruption swirling around his predecessor's daughter have set a crucial test for Angolan President Joao Lourenco in his vow to reform a country rich in oil and tainted by graft.

Angola’s former first daughter Isabel dos Santos charged with fraud

Angola's billionaire former first daughter Isabel dos Santos has been charged with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol.
Angola has reached out to a number of countries for help in recouping funds lost to corruption in the past, the country’s minister of state for economic coordination, Manuel Jose Nunes Junior, said yesterday.

Angola reach out to other countries in corruption crackdown

Angola has reached out to a number of countries for help in recouping funds lost to corruption in the past, the country’s minister of state for economic coordination, Manuel Jose Nunes Junior, said yesterday.

Angola vows to bring back Isabel dos Santos after ‘Luanda Leaks’ release

Authorities in Angola have said they will use "all possible" means to bring back Isabel dos Santos, the billionaire daughter of the country's former president, after thousands of leaked documents revealed new allegations she siphoned off hundreds of millions in public money.

Angola hits ex-President Jose Eduardo dos Santos’ daughter with asset freeze

Angola has frozen the assets of Isabel dos Santos, the billionaire daughter of former Angolan President Jose Eduardo dos Santos in a sign that President Joao Lourenco is taking a tougher line against the former first family.

Africa’s wealthiest woman denies graft allegations

The daughter of former Angolan president Jose Eduardo dos Santos has denied allegations of financial irregularities after a court froze her bank accounts, calling the claims “politically motivated”.

Angola freezes assets of former strongman’s daughter over corruption allegations

An Angolan court has ordered the freezing of assets held by former President Eduardo dos Santos’ daughter Isabel, state news agency Angop reported on Tuesday.

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