Latest Angola News

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

'I did it': Portugal hacker says he exposed African tycoon

Jan. 27, 2020 6:13 AM EST

LISBON, Portugal (AP) — A Portuguese hacker is claiming responsibility for leaking confidential documents implicating the billionaire daughter of a former prominent African leader in alleged murky international business deals. Lawyers for Rui Pinto, who is in a Lisbon jail awaiting trial in a separate...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Amid scandal, 'Africa's richest woman' sells European assets

Jan. 24, 2020 11:03 AM EST

LISBON, Portugal (AP) — The billionaire daughter of a former African leader is shedding some of her investments in Europe after she came under official investigation for alleged money-laundering and corruption. Isabel dos Santos has invested heavily in recent years in Portugal, the former colonial ruler...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Portugal police: Banker in Angola scandal hangs himself

Jan. 23, 2020 10:50 AM EST

LISBON, Portugal (AP) — A Portuguese banker named in a major Angolan money-laundering and corruption scandal has died in an apparent suicide at his home, police said Thursday. Nuno Ribeiro da Cunha, named as a suspect by Angolan authorities in an investigation targeting the billionaire daughter of...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

'Africa's richest woman' now a formal suspect in graft probe

Jan. 22, 2020 4:12 PM EST

JOHANNESBURG (AP) — Africa's reputed richest woman is a formal suspect in an investigation into mismanagement and the siphoning off of funds during her time with Angola's state-run oil company, the country's attorney general announced Wednesday. The remarks by Helder Pitta Gros to reporters in the capital,...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Allegations bite into business of 'Africa's richest woman'

Jan. 21, 2020 1:59 PM EST

LISBON, Portugal (AP) — Portuguese bank EuroBic said it will stop doing business with companies and people linked to its main shareholder Isabel dos Santos after an investigation accused the billionaire daughter of Angola’s former ruler of murky dealings. The International Consortium of...

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

'África's richest woman' out of Davos well before report

Jan. 20, 2020 2:36 PM EST

DAVOS, Switzerland (AP) — The rapidly changing circumstances for Isabel dos Santos, widely known as “Africa's richest woman,” is evident by her absence at the the World Economic Forum in Switzerland. Instead of hobnobbing with world leaders in Davos, she is confronted with calls for her to be...

Isabel dos Santos slams Angolan court for seizing $1 billion

Jan. 1, 2020 1:05 PM EST

JOHANNESBURG (AP) — Isabel dos Santos, who is often described as Africa's richest woman, has denounced as “politically motivated" an Angolan court order to seize an estimated $1 billion worth of her assets. Dos Santos, the 46-year-old daughter of former Angolan President Jose Eduardo dos Santos, has...