Home Uncategorized Algeria’s former President Jose Eduardo dos Santos no more

Algeria’s former President Jose Eduardo dos Santos no more

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  • Santos, a onetime Soviet-trained fighter against the Portuguese colonial regime was one of Africa’s longest-serving leaders, ruling for four decades as Angola’s president.

Former president Jose Eduardo dos Santos aged  79 died in Spain, according to a press release issued by the Angolan presidency.

 Santos, a onetime Soviet-trained fighter against the Portuguese colonial regime was one of Africa’s longest-serving leaders, ruling for four decades as Angola’s president. His presidency was allegedly marked with multi-billion dollar corruption and nepotism. The economic boom, the oil rich Algeria enjoyed was largely channelized to  his family and a coterie of advisers. It was widely believed that his daughter Isabel dos Santos ran the country’s state oil company. She was named by Forbes magazine as Africa’s wealthiest woman, with a fortune estimated at $3.5 billion. His son José Filomeno de Sousa dos Santos controlled the country’s $5 billion sovereign wealth fund.

 After he was replaced in 2017 by President João Lourenço from the same party as Dos Santos – the People’s Movement for the Liberation of Angola (MPLA) Santos had been living in self-imposed exile in Spain.

Also read

https://trendsnafrica.com/elections-in-angola-on-august-24/

https://trendsnafrica.com/angola-to-launch-first-oil-platform/

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