Your account has been succesfully created.
EN FR
Scroll through edition

Inner circles | Angola
Sovereign fund dream team, unloved by Lourenço, fights for survival

The Fundo Soberano de Angola, a leftover from the dos Santos era, has lost its shine since João Lourenço came to power. The technocrats appointed in 2018 to run the fund have been forced to shrink their ambitions in the face of a drastic reduction of its portfolio and the government's patent lack of interest. [...]
Published on 19.03.2021 at 05:00 GMT Reading time 4 minutes Clotilde Ravel
Energy

Set up email notifications for these topics

Further reading

Angola, Mauritius
Mauritius ambiguous over sanctions against Swiss-Angolan financier Jean-Claude Bastos

Five years after he was accused of defrauding the Angolan sovereign fund he was managing, Swiss-Angolan financier Jean-Claude Bastos de Morais has finally been banned from managing companies in Mauritius. The sanction was slow in coming and has fallen at a bad time for Mauritius as it faces criticism from the European Union for having failed to take more drastic action against money laundering.

LogoSubscribers only Finance, Business 16.09.2020
Jean-Claude Bastos de Morais.

Set up email notifications for these topics

  1.  Home  
  2.  Southern Africa and islands 
  3.  Sovereign fund dream team, unloved by Lourenço, fights for survival 
Energy

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!