Patrick Flaherty's blog

Notes about state-owned enterprises, sovereign wealth funds and other aspects of state capitalism.

Angola's investments in Portugal

If there’s one sentence that captures Angola’s increasing influence in Portugal and their ever growing pot of assets in their former colonial power, it’s this one from APF:

Angolan companies now own the equivalent of 3.8% of companies listed on Portugal's stock exchange, from banks to telecoms and energy, the [Portuguese Institute of International Relations and Security] said.

The article where that sentence is found is a good background piece on the eve of the Portuguese PM visit to Angola. Another quote:

... Angolan investments in Portugal, both state and private, rose from €1.6m in 2002 to €116m in 2009.

Patrick Flaherty a freelance researcher on sovereign wealth funds, state-owned companies and state capitalism. His email address is flahertypj@gmail.com and at @thatpolicyguy

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