30 January 2013

Angola: The Fallout From the First African Billionaire Story

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:

AIAC: The story about the daughter of Angola's longtime president being Africa's "first woman billionaire"

January 25, 2013: There has been a fair amount written about the Princess, as she's not very affectionately known to Angolans, in the English-speaking press too; here and here are two examples from South Africa's Mail & Guardian. But obviously, the words billionaire, woman and Africa have formed such a tasty cocktail and induced sudden memory loss among even the usually well-informed.

OSISA: How much is her daddy worth?

January 29, 2013: So now we know. Isabel dos Santos is officially Africa's richest woman. In fact, she is the continent's first 'woman billionaire' according to an appalling article on the Forbes magazine website, which was torn to shreds by Louise Redvers, who has lived in Luanda and who actually knows what she is talking about when it comes to Angola - and to the ever-increasing wealth of the dos Santos family.

BBC: Isabel dos Santos: 'First African female billionaire'

January 24, 2013: Isabel dos Santos, the eldest daughter of Angola's president, has become Africa's first female billionaire, US financial magazine Forbes has said. Most of the population in oil-rich Angola live on about $2 (£1.25) a day.

Daily Mail: Meet Africa's first female billionaire: Isabel Dos Santos is the daughter of the president of Angola

January 24, 2013: Jose Eduardo dos Santos has been president of the country since 1979, four years after it gained independence from Portugal. He recently changed the constitution to give himself a further ten years in power if his MPLA party is successful in the forthcoming elections. Transparency International, the respected NGO that investigates government fraud, recently ranked Angola 168th out of 178 countries in its corruption perception index.

From the President to His Family: The Drainage Ditch

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