22.06.2009 - Angola to launch sovereign wealth fund in 2009
From Reuters: Angola plans to launch a sovereign fund in 2009 to invest the oil-producing nation's wealth abroad, Finance Minister Severim de Morais said on Friday. Plans to create the fund, known as the Fundo Soberano Angolano, were announced in November by President Jose Eduardo dos Santos, but the project has since been delayed due to the global economic downturn.........Full Article: Source
Print