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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Angola to put sovereign funds toward commercial property investment

Posted on 25 April 2014

Angola’s Sovereign Fund, which was set up with initial capital of U.S. $5 billion, plans to start investing in hotels and commercial facilities in sub-Saharan Africa, its chairman José Filomeno dos Santos said.
Speaking to financial news agency Bloomberg in Hong Kong, dos Santos said that the Fund may invest in 50 hotel units in sub-Saharan African countries, including Angola………………………………………..Full Article: Source


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