Angola's state owned oil company Sonangol, which acts as a sovereign wealth fund, will reduce its investments abroad, according to Reuters. Oil revenue accounts for more than 50 percent of the nation's GDP, and plummeting prices have the country worried
Angola’s state-owned oil company Sonangol, which acts as a sovereign wealth fund, will reduce its investments abroad, according to Reuters.
Oil revenue accounts for more than 50 percent of the nation’s GDP, and plummeting prices have the country worried about budget shortfalls.
jt
« Riverfront Will Deliver Money Management Services For The Access Program Of Morgan Stanley