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.

  • Comment (3)

  • Africa:  Sovereign Wealth Funds Spread

    This is Africa, 22 December 2012

    African sovereign wealth funds are emerging to save and invest resource revenues. If efficient, they could also boost domestic growth and credit ratings read more »

Photo: Leadership.

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 »

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Comments Post a comment

  • gloing83
    Dec 24 2012, 20:46

    This post was deleted because it contravenes AllAfrica's commenting guidelines.

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    Dec 27 2012, 00:12
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  • foryohjonathan0000
    Dec 25 2012, 12:37
    Report Abuse

    LET IT BE A REALITY: LET AFRICA DEVELOP IN A PROPER WAYS, AND ADVANCE TO THE FULLEST.