Free article preview  

The glitzy launch of the Sovereign Wealth Fund has bedazzled the international financial world, although many of the details are unclear

Amid much fanfare, Luanda formally launched its US$5 billion Fundo Soberano de Angola on 17 October. The Fsdea was formed from the Fundo Petrolifero set up by the government early last year to accumulate oil revenue for strategic investment. Yet, for all its stylish website and flashy offices, financial analysts remain puzzled about its management, investment policies and legal status.

(This article contains approximately 1229 words)

end of preview

Subscribers: log in now to read the complete article.

Account Holders: log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you have misplaced your password, click here for a reminder.

Not a subscriber? Then you can read this article in full by becoming a subscriber now, opening an Account and topping up and using your Account Credit, or you can buy this individual article.

  • 1. Subscribe:
  • 2. Use my account:
  • 3. Buy this article:
  • Prices from £867.60
    (including VAT)

    Take out an annual subscription and get access to our archive of more than 16 years of articles from Africa Confidential.

  • 5 articles £60.00
    10 articles £102.00
    20 articles £180.00
    (prices includes VAT)

    Account-holders log in above. If you don’t have an account yet, it only takes a minute to open one.

    Top up and use your Account Credit to read this article.

  • UK & European Union
    (including VAT)
    Rest of the world

  • If you have a print subscription already, click here for a password that gives you full access to the website.
  • If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.


Britain’s, Swiss, Family and friends, Jean-Claude Bastos de Morais, José Filomeno de Sousa dos Santos, Zenu, José Eduardo dos Santos, Isabel dos Santos, Welwitschea dos Santos, Tchizé, German, Ernst Welteke, Marcel Kruse, A social charter, Armando Manuel, Augusto Miguel Évora Gonçalves, Manuel Nunes Júnior, Manuel Vicente, Isaías Samakuva, Fundo Soberano de Angola, Fundo Petrolifero, Property Week, Africa Confidential, Bundesbank, Banco Nacional de Angola, Movimento Popular de Libertação de Angola, União Nacional para a Independência Total de Angola