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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

East Africa grapples with Gaddafi investment legacy

Posted on 27 April 2012

Through the Libyan Africa Investment Portfolio, a subsidiary of the Libyan Investment Authority sovereign investment fund established in 2006, Gaddafi poured money into black Africa, including investing $375 million in Uganda alone.
After the uprising against Gaddafi’s regime began in February 2011, East African countries froze Libyan assets, in accordance with a United Nations resolution………………………………………..Full Article: Source


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