Banco de Desenvolvimento de Angola

Banco de Desenvolvimento de Angola (BDA) is the public development bank of Angola, established in July 2006 by government decree to finance long term strategic economic development projects. It manages the National Development Fund, which draws five percent of the petroleum fiscal revenue of Angola and two percent of diamond industry fiscal results as its funding base. By 2008 the bank had financed projects worth about 8.7 billion kwanzas, roughly 116 million dollars. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/