Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

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

South Africa: Divert capital flows ‘into development’

Posted on 25 November 2010

From Businessday.co.za: A proposal for an African Development Fund — to channel some of SA’s capital inflows into the rest of the continent — is one of the few suggestions in the growth plan wholeheartedly welcomed by economists. It could also “function as a sovereign wealth fund that invests in accumulated foreign reserves in productive projects with a higher yield than investment in developed-country bonds.”
The suggestion of establishing an institution that would invest those inflows into Africa was also seen as one of the few proposals that was entirely new in the document released yesterday……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031