| Sovereign wealth funds offer countries with great natural resources the chance to capitalise on their reserves of wealth and establish diversity and stability in their economies. Global oil prices are making this harder than it used to be.
A number of African states have established sovereign wealth funds (SWF) as a means of managing their revenues. In particular, oil rich states such as Nigeria and Angola have invested a significant amount in their SWFs, with Nigeria’s newly established fund currently standing at USD 1.4 billion and Angola’s Fundo Soberano de Angola (FSDEA) at USD 5 billion...............................................Full Article: Source
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