Manuel Vicente, the chairman of Angola’s national oil company has stepped down from the country’s key industrial job to become a government minister. Mr Vicente has been appointed Minister for Economic Coordination by President Eduardo dos Santos in a move which puts him in pole position to succeed Mr dos Santos as president when he retires.

MANUEL Vicente the all-powerful chairman of Angola’s national oil company, SONANGOL, has stepped down to become Minister of Economic Co-ordination.


Oil is important to Angola and his role was key. Angola is Africa’s largest oil producer with 1.9 million barrels a day, having overtaken Nigeria ...

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