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               Angolan Named As Africa's First Woman Billionaire

   Africa has its first woman billionaire, according to the U.S.-based
   Forbes magazine.
   The financial magazine says Angola`s Isabel dos Santos` shares in
   several Portuguese companies and at least one Angolan bank have "pushed
   her net worth over the $1 billion mark."
   The 40-year-old is the eldest daughter of President Jose Eduardo dos
   Santos, one of Africa`s longest-serving leaders.
   The magazine says her investments include shares in a Portuguese cable
   TV company and a bank. She also owns at least one bank in Angola.
   The engineering graduate of London`s King`s College launched her first
   business venture at the age of 24 - a restaurant in Angola called Miami
   Beach.
   She has gradually built up her business interests and sits on several
   corporate boards.
   President dos Santos` Popular Movement for the Liberation of Angola had
   a sweeping victory in September elections. Mr. dos Santos and the MPLA
   have ruled the country since 1979.
   Angola, one of Africa`s biggest oil producers, had an annual growth
   rate of 11 percent last year. Its economic boom has been attracting
   companies and Western workers, but many of the nation`s 19 million
   people live in poverty.
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   [1]http://www.voanews.com/content/angolan-named-as-africas-first-woman-
   billionaire/1590385.html

References

   1. http://www.voanews.com/content/angolan-named-as-africas-first-woman-billionaire/1590385.html