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Sovereign Wealth Funds Briefing - Categorized | Trends

East Africa: Oil wealth can create new economies

Posted on 30 August 2011

Uganda should invest oil revenues in Sovereign Wealth Fund (SWF) and at least developing one new economy, if it is to avoid the so called oil curse, oil experts have urged.
Experts contend that the development could be geared to areas like tourism, real estate or airlines so long as it is targeted to particular activities especially projects that bring return to the country……………………………………….Full Article: Source


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