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Spotlight | Angola
Lourenço solicits cooperation from the Emirates, Mauritius and Monaco in battle against Dos Santos family

The Angolan Ministry of Justice is requesting help left and right to round up and potentially freeze the assets of the former president's daughter, Isabel Dos Santos. [...]
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Diplomacy

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In Focus | Angola, South Africa
Bekker, Penny, Dos Santos... Russia's African partners kept at bay by war in Ukraine

Since Moscow began its military offensive in Ukraine, numerous southern African entrepreneurs have had to freeze their investment projects in Russia or leave their positions as directors of companies under sanctions. Being separated from these wealthy Africans has entrenched the dichotomy of Russia's presence on the continent: while Moscow's diplomats remain very influential, its corporations are losing their contacts one by one.

LogoSubscribers only Business 25.04.2022
Naspers' boss Koos Bekker, former CEO of De Beers Gareth Penny and Isabel Dos Santos, daughter of Angola's former President.

Angola, Mauritius
Mauritius ambiguous over sanctions against Swiss-Angolan financier Jean-Claude Bastos

Five years after he was accused of defrauding the Angolan sovereign fund he was managing, Swiss-Angolan financier Jean-Claude Bastos de Morais has finally been banned from managing companies in Mauritius. The sanction was slow in coming and has fallen at a bad time for Mauritius as it faces criticism from the European Union for having failed to take more drastic action against money laundering.

LogoSubscribers only Finance, Business 16.09.2020
Jean-Claude Bastos de Morais.

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