Africa > Central Africa > Angola > Congo's Sassou hails retiring dos Santos for service to Africa

Angola: Congo's Sassou hails retiring dos Santos for service to Africa

2017/09/10

Outgoing Angolan president, Jose Eduardo dos Santos, has received praise from his Congolese counterpart, Denis Sassou Nguesso, the ruling MPLA have said.

A message accompanying a photo posted on the MPLA’s Twitter handle read: “President Dennis Sassou Nguesso pays homage to José Eduardo dos Santos, for his deeds for peace in Africa.”

Dos Santos, 75, bows out as president next 38 years in charge of the former Portuguese colony. He is set to be restored by his former Defense Minister, Joao Lourenco, who led the ruling MPLA into the last elections.

President José Eduardo dos Santos deserves all the praise, because he turned a country ruined by war into a prosperous country, introducing, in time, the necessary reforms, particularly in the diversification of the economy.

The National Electoral Commission (CNE) on Wednesday (September 6) confirmed the party’s victory in the August 23 polls. MPLA polled 61.07% of votes and won 150 seats in the 220-seater legislature.

Sassou on his part won polls in March last year to extend his remain in office. The 73-year old came to power in the same year as dos Santos, 1979. He, however, left power for a five year period between 1992 and 1997.

Sassou’s second term was due to expire in 2006 but a referendum scrapping presidential limits was held in late 2015. The ‘YES’ vote allowed him to run for an extra term of office. He is on record to have said he will not be president for life but that his current mandate was from the people of Congo.

Before Sassou, a former Mozambican President Joaquim Chissano as well congratulated dos Santos for deciding to bow out as president. Chissano, who served the as president between 1986 to 2005, said the decision to retire was timely particularly in an economically viable period.

“He made the decision because he thought it was a good time for the Angolans. I as well did the same at the same time as I was convinced it was time to retire,” he said in the Angolan capital Luanda where he had arrived for election observer business.

“President José Eduardo dos Santos deserves all the praise, because he turned a country ruined by war into a prosperous country, introducing, in time, the necessary reforms, particularly in the diversification of the economy,” he was quoted by the Angolan news agency.

Related Articles
  • Namibia Scraps Visas for Africans

    2017/11/01 Namibia has gotten the ball rolling on plans to scrap visa requirements for African passport holders next Cabinet authorised the implementation of this process - to be carried out in line with diplomatic procedures. Namibia will any minute at this time start issuing African passport holders with visas on arrival at ports of entry as a initial step towards the eventual abolition of all visa requirements for all Africans.
  • Africa: Experts Explore Infrastructure and Cooperation to Improve Lives

    2017/11/01 Addis Ababa — African economies require structural transformation to attain sustained increase that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic increase will help resolve the “persistent social economic problems” Africa faces.
  • Angola's banks look to rise to the challenges

    2017/10/31 The fortunes of Angola’s banks are continuing to split nearly three years next commodity prices began their swift collapse. While the larger private lenders are weathering a challenging economic environment relatively well, a lot of of their national-owned peers are being restructured and recapitalised. Meanwhile, smaller banks of all stripes are feeling the pinch from a stalling economy and a tighter regulatory landscape. These challenges are unfolding as Angola’s banking sector braces for full Basel II capital adequacy compliance by the end of 2017. Meanwhile, with dwindling quality increase opportunities, the structure of Angola’s banking sector could change in the coming years, with consolidation a likely (though by no means straightforward) outcome. Diminishing oil receipts, a threat of consolidation, a looming Basel II compliance deadline, a loss of US dollar correspondent banking relationships, a shortage of foreign capital... The challenges facing Angola's banks are many, which makes the strong performances of some in the sector all the more impressive, writes James King.  
  • Africa's last international banks make their stand

    2017/10/31 On June 1, 2017, Barclays sold a 33.7% stake in its African business, Barclays Africa Group Limited (BAGL). The transaction reduced the UK lender’s stake in its African offshoot to 14.9% and permitted, in accounting terms, the deconsolidation of BAGL from its parent. Additional symbolically, it brought to an end Barclays’ operations on the continent next additional than 100 years. The rise of Africa’s home-grown financial players has led most international lenders to withdraw from the continent. However, Société Générale and Standard Chartered are not only staying put but marking territory for digital expansion. James King reports.
  • Nobel Laureate Joseph Stiglitz Calls For New Strategy

    2017/10/19 Joseph Stiglitz has advised African nations to adopt coordinated strategy encompassing agriculture, manufacturing, mining, and service sectors to attain same success delivered by the old manufacturing export-led strategy. Prof. Stiglitz, an economist and professor at Columbia University, New York, gave the advice at the Babacar Ndiaye lecture series introduced by African Export-Import Bank (Afreximbank) which debuted in Washington D.C.