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Privatisation bonanza for Lourenço's inner circle

Angolan president João Lourenço (2nd left) sits next to the National Assembly speaker Fernando da Piedade Dias dos Santos (2nd right).
Angolan president João Lourenço (2nd left) sits next to the National Assembly speaker Fernando da Piedade Dias dos Santos (2nd right). © AMPE ROGERIO / AFP

Several firms led by allies of the current Angolan president and his predecessor won tender calls in the first wave of state privatisations, and the government is now preparing a second round involving some of the country's flagship companies.

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