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Angola’s finance minister fired over deepening economic woes




Two months after the government of Angola (Africa’s biggest oil producer) broke off talks with the IMF over emergency funding; President José Eduardo dos Santos has sacked his Finance Minister Armando Manuel over the countries deepening economic woes.

Read also: South Sudan shifts stance, accepts 4,000 more UN peacekeepers

According to a statement issued by the presidency following the sack, “Manuel who was appointed in 2013 and whose term had been due to run to 2017, would be replaced by capital markets commission head, Augusto Archer de Sousa Hose, more commonly known as Archer Mangueira.”

Edeltrudes da Costa, Angola’s agriculture minister who was implicated in a recent land eviction was affected in the cabinet reshuffle by President dos Santos.

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