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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Market

Africa eyes East for help on sovereign wealth funds

Posted on 12 August 2010

From Reuters: Africa’s nascent sovereign funds are turning to Asia and the Gulf for a steer on how to manage resource revenues, a move that could shield wealth for the future and lure more attention from international investors.
But there is no simple “cut and paste” model as Africa faces a challenge in striking a balance between spending today to build infrastructure and reduce poverty and saving for tomorrow, as well as guarding against corruption and squandering……………………………………….Full Article: Source

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