Isabel Dos Santos .. the Richest woman in Africa with a 2.2 Billion dollar also she took the title of the first lady of Africa, Isabel managed to make am an economical empire for her own in the Semi-exclusive franchises for the diamond, communications, distribution, and cement sectors thanks to her father who roled Angola from 1979 to 2017.
The Early life of Isabel
Isabel was born in Baku, Azerbaijan SSR, and she is the oldest daughter of Angola’s former President José Eduardo dos Santos. Isabel attended the all-girls boarding school in Kent, Cobham Hall. She studied electrical engineering.
Overview of her Career
Over the twenty past years, Isabel took management positions companies thanks to his father power. She used to live in London but in 1990 she joined her father in Luanda after that in 1997 she started up her own business opening the Miami Beach Club. In June 2016, she was appointed by her father as chairwoman of Sonangol, the Angolan state oil company.
Investments in Portugal
Isabel had interested in telecommunications, media, retail, finance and the energy industry since 2008, In addition to her commercial interest in oil and diamonds, also the Netherlands-based Unitel International Holdings BV, a company controlled by Isabel dos Santos.
In December 2012, Isabel dos Santos announced the invitation for a merger of ZON with Sonaecom, proved in March 2013 by the General Assembly. Eight months later, after the green light from the Competition Authority, the merger of the two companies was formalized on August 27, 2013.
In November 2014, Isabel dos Santos launched a takeover bid for Portugal Telecom, SGPS, S.A., valuing the firm’s shares at €1.35 a share, in what was seen as a rival bid to a previous €7 billion offer from Altice. Though the offer made by Altice is on PT Portugal, not on PT SGPS, so this was an overview of Isabel investments in Portugal.
Investments in Angola
With 51% control of Condi’s, Isabel dos Santos signed a joint partnership with the Portuguese Sonae group in April 2011 for the development and operation of a retail trading company in Angola. The entry in Angola by the Portuguese group led by Paulo de Azevedo will be performed by Continent Angola.
Investments in telecommunications
Isabel created Unitel in partnership with Portugal Telecom, after a tender process, she considered fair. Also through Unitel International Holding, a platform for Unitel investments where Portugal Telecom has no presence, she acquired the mobile operator T+, in Cape Verde and gained the license for the establishment of the second telecom operator in São Tomé and Príncipe.
In conclusion, Isabel is a great woman but for her father’s position as the president of Angola, she would not do anything at all. She knew how to benefit from his power In Angola and made a great fortune and an economical empire.