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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Africa: Prospects for African sovereign wealth funds

Posted on 19 December 2011

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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