Newsweek 12 hours ago
For a long time, Isabel dos Santos has been untouchable. The daughter of former Angolan president José Eduardo dos Santos—who ruled the African country for 38 years before stepping down in August—the 44-year-old Isabel built up an enormous business empire in the oil-rich state. She is Africa’s richest woman and the continent’s eighth-richest person, worth $3.5 billion according to Forbes. But now, dos Santos has suddenly found herself out of a job after her father’s successor, João Lourenço, sacked her from her position as chief of Sonangol, Angola’s state-run oil firm. Dos Santos’s dismissal on Wednesday—along with the rest of the company’s board—comes less than two months into Lourenço’s term ...
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