24.05.2016 - Angolan Sovereign Fund invests US$4.7 billion
The net value of the investment portfolio of the Angolan Sovereign Fund on 31 December, 2015 was US$4.7 billion, with venture capital funding accounting for 58 percent of the total, the fund said in a statement. The statement said that 19 percent of the US$1.1 billion of the infrastructure fun is invested in projects in Angola and Kenya, 23 percent of the US$500 million in the hotel fund has been channeled into projects in Angola and Zambia, 10 percent of the US$220 million of the mining fund have been applied in Mauritania and 12 percent of the US$190 million in structured capital have been invested in South Africa...............................................Full Article: Source
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