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Angola backs COVID-19 vaccine patent waivers
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Editor s Note: Liberated but not free
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Africa lockdowns begin as coronavirus cases above 1,000
By BASHIR ADIGUN, SAM MEDNICK and CARA ANNAMarch 21, 2020 GMT
ABUJA, Nigeria (AP) Lockdowns have begun in Africa as coronavirus cases rise above 1,000, while Nigeria on Saturday announced it is closing airports to all incoming international flights for one month in the continent’s most populous country.
Rwanda said all unnecessary movements outside the home are banned for two weeks as of midnight except for essential services such as health care and shopping. The East African nation, which has 17 cases, told all public and private employees to work from home. Tunisia earlier imposed a lockdown as well.
Angolan entrepreneurs have formed the Association of Angolan Entrepreneurs Residing in Namibia to facilitate easier trade between the two countries.
According to the Namibia Statistics Agency, the Oshikango border post between Angola and Namibia accounted for 46,4% of the N$19,9 million informal cross border trade in 2019.
Angola ambassador to Namibia Jovelina Imperial e Costa said the association is in line with one of the main objectives of the Angolan government to diversify the economy by bringing new investors to Angola.
She made these remarks at the launch of the association in Windhoek earlier this month.
She added that the Angolan embassy in Namibia will give the association all the necessary institutional support, so that entrepreneurs can engage in activities that will bring the business communities of both countries together.
Angola Made Her Africa’s Richest Woman, But the Tide Has Turned
Bloomberg 2 hrs ago
(Bloomberg)
A year after Angolan authorities cracked down on her multibillion-dollar business empire, Africa’s once-richest woman is watching it crumble.
From self-imposed exile in Dubai, Isabel dos Santos has been fighting a legal battle against Angola’s government as court orders roil her companies. In Luanda, shelves at the Candando supermarket stores are more than half-empty. A beer factory south of the capital is running at 30% of its production capacity. Operations at the country’s biggest cement maker have also slowed.
All of the businesses are controlled by Dos Santos, who Angolan prosecutors accuse of causing more than $5 billion of losses to the southwest African nation’s economy during her father’s 38-year rule. He stepped down in 2017, making way for longtime ally Joao Lourenco. Within months, Lourenco turned on the family, firing Isabel as chairwoman of state oil co
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