Resource-rich Angola is Africa's second-biggest oil producer after Nigeria. It opened a sovereign wealth fund a couple of years ago with $5bn in funds - which is not much compared to those at the top of the list.

In the top three, Norway has a sovereign wealth fund worth nearly $900bn; followed by Abu Dhabi with $773bn and Saudi Arabia with $737bn. The Gulf states often go after big ticket items - football teams, major retail stores, and property, among others. So what will Angola do with its cash?

Counting the Cost's business editor Abid Ali spoke to the chairman of Angola's sovereign wealth fund, Jose Filomeno Dos Santos, about where his comparatively small nation sees itself in the next decade.

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Source: Al Jazeera