FSDEA receives IFC managing director for strengthening partnerships and mobilising catalytic capital
The Chairman of the Board of the Sovereign Wealth Fund of Angola (FSDEA), Armando Manuel, on Wednesday, 10 December, welcomed Mr. Makhtar Diop, Managing Director of the International Finance Corporation (IFC), to the institution’s headquarters in Luanda, for a high-level meeting focused on deepening cooperation between the two institutions.
During the meeting, both parties discussed strategic opportunities to mobilise greater volumes of catalytic capital for Angola and the broader African region, with particular emphasis on initiatives capable of boosting productivity, resilience, and sustainable economic growth. They also exchanged perspectives on FSDEA’s alternative investment strategy, designed to direct long-term capital towards sectors with high economic and social impact.
The FSDEA reaffirmed its commitment to strengthening partnerships with leading global development finance institutions, with the objective of expanding investment capacity, enhancing economic competitiveness, and supporting Africa’s transformative growth trajectory.
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About IFC
The International Finance Corporation (IFC) is the world’s largest global development institution focused exclusively on the private sector in emerging markets. As part of the World Bank Group, IFC promotes investment, sustainable growth, and job creation by providing financing and advisory services to companies and governments. With an active presence in more than 100 countries, IFC plays a catalytic role in mobilising capital and promoting innovative solutions that accelerate economic development.
About FSDEA
The Sovereign Wealth Fund of Angola (FSDEA) is the national institution specialised in asset management and strategic investments in financial markets and alternative asset classes. Its objective is to ensure long-term return maximisation, capital preservation, and the support of Angola’s sustainable socio-economic development through investments in strategic sectors, both domestically and internationally.
