What Isabel dos Santos Blames

Posted on May 5, 2019


Earlier this year Isabel dos Santos spoke at the Africa Summit 2019 where she discussed the growing role of technology in Africa’s economy. She said the African economy is behind the economy in large part because it has not embraced digital technology as much as the rest of the world. She said it is not enough for current African businesses and government bodies to embrace; she said they must teach it to the population and the next generation so they can embrace it too and keep it flourishing. She says it is also imperative that the public is educated about it because the full acceptance of digitalization will eventually mean most Africans have a bank account for the first time. See more on Wikipedia.

Isabel dos Santos stressed that embracing the digital world will also have enormous benefits as far as public transportation, security, and affordable prices on just about everything. In addition, she said this would be a huge boost to small businesses and overall production. She blamed the fact that Africa has not embraced digitalization on the fact that most Africans, in general, are afraid of new concepts. The summit took place in the European Parliament at Brussels with the overall them “Africa and the Emerging Technology.” Isabel dos Santos is the eldest child of the former president of Angola, Jose Eduardo dos Santos.

Isabel dos Santos was born in Azerbaijan, the home country of her mother, Tatiana Kukanova. Today she is the richest businesswoman in Africa. In 2013, she became Africa’s first ever female billionaire. At that time, she first got her billions by taking stakes in various Angolan companies. After graduating from high school, she studied electrical engineering at King’s College in London. After graduation, she would spend the next 20 years in management positions with a wide number of companies. In the early 1990s she returned home to assist her father. It was there that she began forming business relationships with many Angolan companies.

Related: http://www.angonoticias.com/Artigos/item/60668/a-nova-vida-de-isabel-dos-santos-na-unitel

Categories: Business Guru, Businesswoman, Entrepreneur, Philanthropist


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