Jose dos Santos
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Jose Dos Santos: Angolan wealth fund chief and president's son

Angola has announced that it has identified direct investments in sub-Saharan Africa, and is poised to start deploying up to a third of its $5bn (£3.1bn) sovereign wealth fund to start developing them.

The fund was set up in 2012 to invest Angola's oil wealth and ensure a steady income for future generations.

But the fund has also been accused of lacking transparency after President Eduardo dos Santos' 36-year-old son Jose, was made its head.

Jose dos Santos spoke to the BBC's Focus on Africa about his appointment and whether the fund will be used to improve the country's infrastructure.

  • 10 Sep 2014
  • From the section Africa
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