Angola’s Sovereign Wealth Fund Rebounds with 10% Return

The Fundo Soberano de Angola (FSDEA) achieved a remarkable turnaround in 2023. It posted record net profits of $199.35 million. This performance marks a 201% increase from the previous year. It represents the fund’s best performance to date, with a 10% overall return. These strong results contrast sharply with the significant losses of $196.65 million […]

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