11.12.2014 - Angola launches $1.6bn Africa infrastructure fund
Angola’s sovereign wealth fund has launched $1.6bn African infrastructure and hotels funds to help diversify its portfolio as the slide in crude prices threatens the country’s oil-dependent economy. The $5bn SWF, which was set up two years ago but only began to deploy its cash this year, is allocating $1.1bn to a fund that will invest in energy, transport and other infrastructure projects across sub-Saharan Africa...............................................Full Article: Source
Print