Africa’s richest woman Isabel dos Santos’ assets frozen by Angola Updated for 2021

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Updated: February 27, 2021

Angola has frozen assets belonging to Isabel dos Santos known as Africa’s richest woman, after accusing her and two others of causing the state losses of more than $1 billion.

Isabel dos Santos is the billionaire daughter of the country’s previous leader, José Eduardo dos Santos who was in power for almost 40 years until 2017.

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President João Lourenço who replaced dos Santos is said to be taking a tougher line against the former first family.

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Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

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