Showing posts with label Jose Eduardo dos Santos. Show all posts
Showing posts with label Jose Eduardo dos Santos. Show all posts

Sunday, June 23, 2013

Angola names president's son to chair $5 bln sovereign wealth fund

LISBON (Reuters) - Angola on Friday appointed one of President Jose Eduardo dos Santos' sons to chair its $5 billion sovereign wealth fund, a move likely to raise further questions about transparency and nepotism in Africa's second-biggest oil producer.

Thursday, April 18, 2013

Angola misses deadline on $5 bln wealth fund, blames legal challenge

LISBON (Reuters) - Angola said on Tuesday it missed its own deadline to publish an investment policy for a planned $5 billion sovereign wealth fund due to a legal challenge, slowing efforts to diversify its oil-dependent economy.

Tuesday, February 12, 2013

Angolan court rejects opposition complaint on sovereign fund

LISBON (Reuters) - Angola's constitutional court on Friday rejected a claim by an opposition party that President Jose Eduardo dos Santos had overstepped his powers to create the country's $5 billion sovereign wealth fund.