Isabel dos Santos sacked as chairman of the state oil company: João Lourenço, the president of Angola, fired Isabel dos Santos, the daughter of his predecessor and Africa’s richest woman, as chairman of the state oil company. Since succeeding José Eduardo dos Santos in September, Mr Lourenço, who vowed to fight corruption, has also dismissed the governor of the central bank, the head of the state diamond company and the boards of all three state-owned media companies.
 
Africa's richest woman: Africa's richest woman, Isabel dos Santos, is the oldest daughter of Angola's longtime president. Though her representatives deny that her holdings have any connection to her father, President Jose Eduardo dos Santos, FORBES research found that he transferred stakes in several Angolan companies to her. In June 2016, he appointed her the head of Sonangol, Angola's state oil firm. Dos Santos' assets in Angola include 25% of Unitel, the country's largest mobile phone network, and 42% of a bank, Banco BIC. In Portugal she owns nearly 6% of oil and gas firm Galp Energia and nearly 19% of Banco BPI, the country's fourth-largest bank. She is also a controlling shareholder of Portuguese cable TV and telecom firm Nos SGPS. In October 2015, four members of the European Parliament publicly called for an investigation into her investments in Portugal, questioning their legality.
 
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