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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

Angolan wealth fund buys fixed income but no project investments yet

Posted on 11 April 2014

Angola’s $5 billion sovereign wealth fund, sub-Saharan Africa’s second-biggest, has this year made its first investments by buying fixed income securities but is yet to start financing infrastructure projects, its chairman said.
Africa’s biggest oil producing nation after Nigeria set up the FSDEA fund in 2012 to invest foreign exchange reserves and finance economic diversification and infrastructure but it has been criticised for making a slow start………………………………………..Full Article: Source


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