Page 101 - Angolan News Today

Angola has defected from OPEC in a move that will damage the cartels ability to control prices. But why, and what is next?

By Giulia Petroni Angola said it is leaving the Organization of the Petroleum Exporting Countries, according to official news agency Angop, after a recent...

Billionaire Isabel dos Santos was sued by Unitel, a telecoms operator in Angola, asking Londons High Court to grant a worldwide freezing order over the assets at a hearing in November.

Her story should offer a cautionary tale on the dangers of dynastic politics in resource rich countries such as Zimbabwe.

Billionaire daughter of Angola’s former president is being sued by telecoms company Unitel

Dos Santos, whose father ruled Angola for 38 years until 2017, was sued by Unitel, a telecoms operator in the country.

The Angolan billionaire, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017 – is being sued by Angolan telecoms operator Unitel. Unitel

After its most recent spat with the group, Angola has now decided to leave OPEC.

By Anthony Harrup Angolas decision to leave the Organization of Petroleum Exporting Countries after 16 years over disagreement with its production quota is likely to put downward pressure on...

Crude oil futures were lower at midday Thursday, giving back early gains after Angola announced it was leaving OPEC, a move that raised doubts over the cartels ability to support oil prices. ...