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Angola
Bombarded on the oil front, Joao Lourenco shores up his mining turf

While handing over the reins of the oil sector to Isabel dos Santos, daughter of Angola's former president (AEI 802), [...]
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Mining

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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.

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Jean-Claude Bastos de Morais.

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Mining

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