23 January 2013

Angola: Spotlight

Photo: Silje L. Bakke/Wikipedia
Construction in Luanda was booming during late colonial rule and is once again booming.

The latest press coverage on corruption, human rights abuses, violations of freedom of the press and socio-economic exclusion in Angola:

Forbes: Isabel Dos Santos, Daughter Of Angola's President, Is Africa's First Woman Billionaire

January 23, 2013: Those stakes, combined with assets Isabel dos Santos owns in at least one bank in Angola, have pushed her net worth over the $1 billion mark, according to research by FORBES, making the 40-year-old Africa's first woman billionaire. How did a 40-year-old woman who started out with just one restaurant come into such a vast fortune?

Bloomberg: De Beers Expects to Dig Angola Gem Mine to Recoup Expense

January 17, 2013: De Beers, the world's biggest diamond producer, said it's confident of finding a gem deposit in Angola that will allow it to more than recoup the $250 million it has spent on exploration.

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