19.08.2013 - Sovereign wealth funds: The potential of Tanzania and Mozambique
Oil, gas, minerals…it is the story of many emerging African economies. Foreign investors flock to these countries with new ideas, new technologies, and more money. Presidents and prime ministers announce new discoveries and rightfully hype the potential of the country. But how do you keep the momentum going in the long run? Start a sovereign wealth fund (SWF). Or so that is what many investors and advisors keeps telling us, says a Mozambican government official, but we are still internally working out the concept. The path to prosperity, he continues, is not that clear...............................................Full Article: Source
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