African Sovereign Wealth Funds

Sovereign Wealth Fund (SWF)

Why Mozambique's new Sovereign Wealth Fund is a big deal.

Mozambique's council of ministers recently approved creating the country's new sovereign wealth fund legislation. Why is this important: Most African countries are creating sovereign wealth funds to manage the monetisation of their natural resources. In Mozambique's case, the gas-rich discoveries of up to 150tr

Finance

The Rise of Africa's Sovereign Wealth Funds

Sovereign Wealth Fund (SWF)

Mozambique to Establish Sovereign Wealth Fund.

Mozambique is to join other African countries to create a sovereign wealth fund using revenues from its LNG exports. According to the country's finance minister, projections showed that at their peak in the 2040s, the state is expected to receive more than $6 billion a year from gas