Recently, the withdrawal of Angolan business leader, Isabel dos Santos, from the construction of the Caculo Cabaca Dam and the Port of Dande caused waves in Angola. This was in addition to the removal of Isabel dos Santos from the Marginal da Corimba project via the Landscape and Urbinveste. The incidences have marked a new chapter in the turf between the business entrepreneur and President Joao Lourenco.
Despite the withdrawal, the entrepreneur has announced the increase in investments in the Angolan market as a way of stabilizing the economy. Part of the expansion deal Isabel dos Santos has taken under her wings includes extending the Candando stores network which is set to increase the employment opportunities for the young generation.
Another area of concentration for the investments by the head of Unitel telecommunications includes the inauguration of the modern television studio in Angola. This, in addition to the creation of the Zap-International with the broadcasts, to cater to the Mozambique and Portugal markets.
The abrupt departure from the Marginal da Corimba project has set shocking reactions from the public with the initial project estimated at $1.2 million.
Currently, Isabel dos Santos has been involved in several philanthropic works primarily in the field of women economic development and empowerment. She has encouraged African entrepreneurs to pursue their dreams to create an impact on the economy of Angola and Africa as a continent.
In addition, she has spent much of her working life in improving the lives of women while increasing employment opportunities and economic conditions in Africa. Through her effort, several women have gained more significant opportunities and equal rights across the continent.
Due to her outspoken figure and recognition across the world for her fight for women’s rights, she has garnered significant accomplishments in the business world. She is a respected figure in Africa with various entrepreneurial exploits in different sectors. She has been involved in finance, energy, infrastructure, telecommunications, and retail organizations.
With a heart for economic development in Africa, she was a guest speaker at the European Parliament in Brussels which was part of the ECR Africa Summit. She advocated heavily for the development of digital infrastructure in Africa as part of the mission of creating economic opportunities in the continent.