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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Uganda to benefit from $77bln fund

Posted on 23 December 2008

From Newvision.co.ug: Uganda is to benefit from a $77billion (sh150.1b) fund pledged by the World Bank to support African countries to minimise the impact of the global financial crisis.

The impact of the crisis and recession on Africa will slow down private capital flows. Already, Ghana and Kenya have postponed sovereign bond issues worth about $800million ….. Full Article: Source


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