Sun, Apr 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

South Africa’s PIC to invest more in Dangote companies

Posted on 17 June 2013

After investing over N49 billion in the shares of Dangote Cement Plc, there are indications that South African sovereign wealth fund manager, Public Investment Corporation (PIC) is considering investing more in companies linked to Africa’s richest man, Alhaji Aliko Dangote.
Head of Resources at the Pretoria-based PIC, Fidelis Madavo, while noting the plans of the funds to tap into industries benefiting from economic growth said, the deal with Dangote Cement would also offer opportunities in Dangote’s sugar, flour, oil refinery and port operations……………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930