Dos Santos may still control Angola's purse strings with children in key posts

Africa's second longest serving ruler Angola president Eduardo Jose Dos Santos is finally ready to hand over the reigns of power after 38 years.

The 74-year-old President Jose Eduardo dos Santos is apparently stepping down for medical reasons, reports Mail & Guardian's Simon Allison.

He's sick and has spent a few weeks this year in a private clinic in Barcelona.

Simon Allison, Africa Editor Mail & Guardian

Read: "Angola's dos Santos is notorious for corruption and greed"

Allison says Dos Santos will still be in charge of the ruling political party, the People's Movement for the Liberation of Angola (MPLA), leaving many people skeptical about changes in power.

He adds that Dos Santos has put his children in very important position within the state, which he may still have influence over.

One of his children manages the sovereign wealth fund, another manages the state-owned oil company. He's still in charge of the purse string through his family.

Simon Allison, Africa Editor Mail & Guardian

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