Williams F1 team to set up foundation in Angola

LUANDA - British Formula One team Williams announced on Saturday that it will set up its first charitable foundation in Angola, the hosts of the 2010 Africa Cup of Nations (CAN) football tournament.

LUANDA - British Formula One team Williams announced on Saturday that it will set up its first charitable foundation in Angola, the hosts of the 2010 Africa Cup of Nations (CAN) football tournament.

Williams plans to support projects in education, energy-efficiency and road safety and the preparation for the CAN, which kicks off in January, according to a statement on the team's official website.

The Williams Foundation will be run in partnership with Angolan-based private investment and real estate company Ridge Solutions, and work closely with the Ministry of Sport, the CAN organising committee (Cocan2010) and Fundo LWINI, a charity of the wife of Angola's president Jose Eduardo dos Santos.

From this weekend, the Williams race cars will bear the logos of Fundo LWINI and Cocan2010 for the remainder of the season.

Angola, which has been ruled by Dos Santos for three decades, was devastated by 27 years of civil war which only ended in 2002 leaving a damning legacy of disease, poverty and landmines.

Now Africa's largest oil producer and the world's fifth biggest diamond exporter, Angola is in a process of reconstruction, but two- thirds of people continue to live on less than $2 a day and one in six children die before their fifth birthday. - Sapa-AFP

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