In recent years Angola has dropped significantly lon Transparency Internationals corruption index, and is now getting close to the bottom. Oil related corruption has received most of the blame for this. Now Angola plans to create its own sovereign wealth fund. Could this help to put the breaks on corruption?
On 17. Oktober the Angolan government announced its plan to place part of its oil revenue into a national sovereign wealth funds. Quartz discuss whether this could mean an improvement in terms of halting corruption in Angola.