Angolan President Jose Eduardo dos Santos may step down as leader of Africa’s second-biggest oil producer before or after elections next year, a spokesman for the ruling party said.
Angolan President Jose Eduardo dos Santos may extend his 34 years in power because the people who he’d like to replace him lack support from the ruling party.
The Angolan Cabinet’s reappointment of Manuel Vicente as the head of the state oil company, Sonangol EP, appears to have thrown open the race to succeed President Jose Eduardo dos Santos.
"The number increases the probability of another increase in May, because it should trigger upward revisions in inflation forecasts for this year."
- Dos Santos on Apr 09, 2014