19.12.2011 - Africa: Prospects for African sovereign wealth funds
For sub-Saharan governments one largely unmentioned reaction to the fall of Libya's Colonel Qadhafi earlier this year was their surprise at the scale of the country's offshore sovereign wealth funds - now at the disposal of the Transitional National Council and/or its elected successor administration. Nigerian President Goodluck Jonathan took his proposals for 2012 to the national assembly this week, but made no mention of the establishment of a Sovereign Wealth Fund (SWF) for the country. The idea has been on the table for a while - as it has also been in Angola...............................................Full Article: Source
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