| Angola's $5 billion sovereign wealth fund is stepping up private equity investments at home and in sub-Saharan Africa as low commodity prices and currencies give it a cheap way in to hotel, farming and infrastructure projects, its chairman said.
Jose Filomeno dos Santos, the 38-year-old London-educated son of President Jose Eduardo dos Santos, said the fund had earmarked 60 percent of its capital to regional private equity, a shift in focus towards its own back yard...............................................Full Article: Source |