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Sovereign Wealth Funds Briefing - Categorized | People

Angolan wealth fund gets president’s son on board

Posted on 22 October 2012

Angola, Africa’s second-largest oil producer, has become the latest country on the continent to launch a sovereign wealth fund. Angola will be joining an elite club of resource-rich nations including Nigeria, Equatorial Guinea and Gabon.
Unveiled this week in the capital Luanda, the fundo soberano de Angola (FSDEA) has pledged to adhere to international standards of transparency, including the generally accepted principles and practices, or “Santiago principles”, defined by the international working group of sovereign wealth funds………………………………………..Full Article: Source


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