Sonangol’s increased stake in Unitel raises questions about the enforcement of the arbitral award in favour of Oi
The billion-dollar transaction seals the Brazilian giant’s exit from the capital of Angola’s leading mobile phone operator, which is owned by Isabel dos Santos, daughter of the former Angolan president.
Someone shares this article with you
▪ Sonangol’s increased stake in Unitel raises questions about the enforcement of the arbitral award in favour of Oi
▪ The billion-dollar transaction seals the Brazilian giant’s exit from the capital of Angola’s leading mobile phone operator, which is owned by Isabel dos Santos, daughter of the former Angolan president.
▪ https://www.jeuneafriquebusinessplus.com/en/802645/la-montee-de-sonangol-dans-unitel-interroge-sur-lexecution-de-la-sentence-arbitrale-favorable-a-oi/
29/01/2020 at 15h20, by Jeune Afrique Business+
Placed under bankruptcy protection in June 2016, Brazilian telecommunications giant Oi sold its 25% stake in Angolan operator Unitel to the national oil company Sonangol, which already owns 25% of the capital. Sonangol now controls 50% of the shares.
To read the article and discover your subscription benefits
You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
News
29/05/2020 at 17h24, by Jeune Afrique Business+
From London to Luanda, breaking down Isabel dos Santos’s galaxy of legal advisers
Targeted by embezzlement of public funds investigations in Angola and Portugal, the businesswoman and...
Bank
22/04/2020 at 16h53, by Jeune Afrique Business+
With aid from AfDB, Banco Millennium Atlântico (BCP Group) continues to target Angolan SMEs
The subsidiary of the Portuguese group obtained a $40m line of credit from the development finance institution,...
Any questions ? contact us
Please get in touch with the Jeune Afrique Business+ team if you require any further information.
Email us : abonnements@jeuneafriquebusinessplus.com
Add JAB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add JAB+ on the home screen.
3. Enter the name of the shortcut and confirm.