Africa Grows its Sovereign Wealth Funds
Many countries are showing an interest in developing a sovereign wealth fund to save and invest revenue earned from natural resources - if run efficiently, it could also boost domestic growth and credit ratings, says a This is Africa report.
Gas flare in Nigeria.
Mozambique: Government Considering Sovereign Wealth Fund
Agencia de Informacao de Mocambique, 23 December 2012
Mozambique is considering the possibility of using revenue from the exploitation of mineral resources to set up a sovereign wealth fund, but only if this does indeed help solve the ... read more »