Angola is Africa’s second-largest oil producer, yet that wealth has clearly not trickled down. President-elect Joao Lourenco, who is dos Santos’ chosen heir, says he wants to lessen dependence on oil.

He wants to develop agriculture, industry, tourism, fisheries, and other branches of the economy, he told a crowd at his final pre-election rally.

But his political opponents say the problem is far simpler.

This poverty is not because of a drop in oil prices, opposition lawmaker Manuel Fernandes told VOA, it is because of bad governance.

But longtime government critic and journalist Rafael Marques says Lourenco is in a difficult situation because dos Santos still controls much of the nation’s wealth.

“The question is, how is he going to run the country without money, because these individuals who were members of the government and some are living like President dos Santos, they are living with a tight control over the economic assets of the country, which they will not pass on to the new president.”

It is a tough situation for Lourenco, as he prepares to take the reins once the official count is settled, but for Angola’s millions of poor change cannot come soon enough.

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Oludare J. Olusan
Oludare J. Olusan 249 posts

Publisher, Entrepreneur, Author and founder of The African portal / Presenter at The African Portal Radio / TV

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