25.08.2016 - Africa’s friends reviewed - A case study of sovereign wealth funds
Over the years, Africa has had many friends or those who claim to be friends, but who among these is betting her funds on the continent? It’s one thing to hand out grants and another to bet citizens’ funds in a cause or economy you believe in. Going by sovereign wealth funds, Norway is betting a lot on the African continent. So, what is a sovereign wealth fund? In layman’s terms, a sovereign wealth fund is an investment pool of foreign reserves owned and managed directly or indirectly by a government...............................................Full Article: Source
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