Angola: Campaigners flag concerns over Sonangol governance


Issue 470 - 14 Oct 2022 - By Jon Marks | 1 minute read

The recent election win for President João Lourenço and the MPLA has prompted renewed talk about a campaign to privatise national oil company Sociedade Nacional de Combustíveis de Angola (Grupo Sonangol). While a wide ranging programme may yet be some years off, would-be purchasers of businesses owned by Sonangol will likely be concerned over reputational issues associated with the company’s management under former Angolan Vice President Manuel Vicente, the late president José Eduardo dos Santos’ daughter Isabel dos Santos and other senior officials.

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