Angola: Analysts Assess Future of First Daughter After Father Steps Down

analysis

As Angola’s notoriously media-shy president prepares to step down after nearly four decades in power, all eyes in this southern African nation are looking not at Jose Eduardo dos Santos — but at his billionaire daughter.

In recent months, Isabel dos Santos has taken over a major bank and embarked on restructuring the state-owned oil company. These moves have raised criticisms that dos Santos, ranked by Forbes magazine as Africa’s richest woman, is trying to further her family’s wealth at the expense of Angola’s people.

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