Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Oil-rich Angola bids to secure future with $5bln wealth fund (Video)

Posted on 26 October 2012

Angola, Africa’s second-largest oil producer, has launched a $5 billion sovereign wealth fund in an attempt to diversify its economy — a move more associated with wealthy Gulf States like Qatar and the UAE.
The state-owned investment fund, known as the Fundo Soberano de Angola, will invest domestically and internationally, focusing on infrastructure development and the hospitality industry. These are two areas the Government of Angola believes is “likely to exhibit strong growth”………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031