08.02.2012 - Gabon creates latest oil-fueled SWF
The West African Nation of Gabon has become the latest on the continent to launch a sovereign wealth fund to capitalise on oil sales income, following similar moves by nearby Ghana and Nigeria. Gabon, which won independence from France in 1960, announced through its Council of Ministers this weekend that it intended to pool money earned from its oil production to fund domestic infrastructure projects...............................................Full Article: Source
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