In view of the ongoing restructuring of the Angola Sovereign Fund, the new Board of Directors of the FSDEA (which was inaugurated in January 2018) has managed the restructuring, assessment and redefinition of the corporate social responsibility projects strategy so that, through the Fund's articles of association, it can continue to use its social impact programme (which has been designed to help communities across the country) to support social programmes and partnerships with organisations that focus on social innovation, entrepreneurship, vocational training, health and water and that are sustainable and able to guarantee (where possible) that at least 80% of the capital invested will be returned.
The Fund will allocate a portion of its financial returns to social development and social responsibility projects in the areas of social innovation, education, income generation, health and access to energy and drinking water outside the national distribution network.
The Articles of Association aim to ensure that the Angola Sovereign Fund plays a key role in building the country's future by providing Angolans with the tools they require to participate in the country's economic growth in a way that will enable them to achieve their objectives and individual aspirations.
The Fund will focus on a number of priority areas such as wealth generation, access to drinking water in areas outside the suburban network, health, alternative energy systems, vocational training and entrepreneurship in order to ensure sustainability and a return on investments.
We focus our investment on creating sustainable financial returns that will benefit future generations, the most disadvantaged communities within the country and Angola’s economy and industrial sector. We manage a diversified portfolio of investments and are an active partner in this initiative.
The Articles of Association aim to address the main social challenges faced by Angola's most disadvantaged communities. The pilot programmes implemented by the FSDEA and its partners up to December 2017 specifically supported the development of the advanced education and learning methods required by students to enter Angola's dynamic economic environment. The Fund focused its efforts on priority areas for the country such as access to drinking water in areas outside the suburban network, health and socio-economic development.