Angola preparing international tender to attract Unitel buyer
November 23rd 2022
Angola’s Minister of Natural Resources, Oil & Gas, Diamantino Azevedo, has announced that the government is preparing to open an international public tender to find new shareholders for the country’s mobile market leader Unitel, reports Jornal de Negocios. The minister told journalists that the move is aimed at protecting strategic telecoms sector assets and ensuring greater stability and efficiency for Unitel.
As reported by TeleGeography’s CommsUpdate, last month Angola finalised the nationalisation of two 25% stakes in Unitel previously held by private companies Vidatel – owned by Angolan billionaire Isabel dos Santos, daughter of former president Jose Eduardo dos Santos – and Geni, an investment vehicle of Leopoldino do Nascimento (‘General Dino’, a close associate of former president dos Santos). State oil company Sonangol owns the other 50% of Unitel, partly via its subsidiary Mercury Telecom (MSTelcom).
Interpol recently issued an international arrest warrant against Isabel dos Santos at the request of the Attorney General of the Republic of Angola.
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