Familiar faces promote new future for Angola’s oil with SWF launch


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Issue 242 - 01 Nov 2012 | 6 minute read

Angola has launched a $5bn sovereign wealth fund (SWF), whose creation reflects the regime’s commitment to long-term saving that can benefit future generations, while helping to finance grassroots development now, the new Fundo Soberano de Angola (FSDEA)’s promoters argue.

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