Angola: Sovereign Wealth Fund Achieves Historic Results of USD 199.35 Million

Luanda — The Angolan Sovereign Fund (FSDEA) reached a historic milestone by achieving net results of US$199.35 million in 2023, recording a growth of 201% compared to the previous year.

This result also represents the fund’s best performance ever, with a return of 10%, compared to 2022, a period in which the institution faced significant losses of USD 196.65 million, according to a press release to which ANGOP had access on Sunday.

According to this document, the solid result of 2023 reflects…