Angola: New President Vowed to Restructure Country’s Economy

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Angola’s President João Lourenço who won the just concluded Angola Presidential election, in a speech has vowed to restructure the country’s economy which has been devastated by falling oil prices and also pledges to combat corruption and fight against gender inequality.

President João Lourenço is the first new president after 38 years.

“No one is so rich and powerful that they cannot be punished and no one is so poor that they cannot be protected,” he said to loud applause.

In his speech, Lourenço also said he would strive to bring in reforms covering gender equality, the freedom of the press, private enterprise and public health.

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