Spotlight
Speaking during a high-level session themed Homegrown Solutions: Driving Infrastructure Investment through Local Currency Instruments, Balogun issued a powerful critique of Africa’s reliance on foreign currency to finance infrastructure
The President of Afreximbank expressed the Bank's willingness to partner SWFs to co-finance project preparation.
The three-day summit, themed "Leveraging African Sovereign Wealth Funds to Mobilise Global Capital for Transformative Development in Africa," brought together an impressive roster of continental and global leaders.
The Minerals Income Investment Fund (MIIF) is Ghana’s sovereign minerals wealth fund, established by the MIIF Act 2018 (Act 978) to manage and invest the country’s mineral revenues for long-term benefit.
Hosted by Rwanda's Agaciro Development Fund, the event showcased the continent's sovereign funds' commitment to collaboration and joint capital raises for their resilience and sustainable development.
Ethiopia and Mauritius have joined the Africa Sovereign Investors Forum (ASIF), the continental association of Africa's Sovereign Wealth Funds. Both SWFs expressed their desire to explore collaborative opportunities and achieve mutual goals.
The African Sovereign Wealth Funds Index, published since 2018, is the leading benchmark for tracking the evolution, growth and performance of Africa’s SWFs.
The most recent edition of the Index was published in 2022. The next edition of the bienniel Index will be published in 2024.
2022 African SWFs Index: A Story of Progress
News and Insights
The West African nation of Guinea has announced plans to launch its first sovereign wealth fund (SWF) by the second quarter of 2026, with an initial capital target of US$ 1 billion. The fund is designed to channel revenues from…
Botswana has announced the launch of a new sovereign wealth fund (SWF) aimed at driving economic diversification, job creation, and professionalising the management of state-owned enterprises (SOEs).The fund is distinct from the existing Pula Fund, which has operated primarily for…
Egypt’s government is set to double the assets and investments managed by the Sovereign Fund of Egypt (TSFE)
Despite a downturn in oil output in late 2024, Ghana’s oil-based sovereign funds received substantial inflows over the year
In September 2024, a new board of directors was inaugurated for the Nigeria Sovereign Investment Authority (NSIA),
Libya’s $70 billion sovereign wealth fund made progress toward regaining full control of its assets after years of sanctions.
The West African nation of Guinea has announced plans to launch its first sovereign wealth fund (SWF) by the second quarter of 2026, with an initial capital target of US$ 1 billion. The fund is designed to channel revenues from the Simandou iron-ore mega-project into long-term investment in education, infrastructure, industry and agriculture, and to … Guinea to Launch $1B Sovereign Wealth Fund Backed by iron ore Read More »
Botswana has announced the launch of a new sovereign wealth fund (SWF) aimed at driving economic diversification, job creation, and professionalising the management of state-owned enterprises (SOEs).The fund is distinct from the existing Pula Fund, which has operated primarily for revenue stabilisation. Botswana states the new fund will focus instead on growth and asset-management, investing … Botswana unveils new wealth fund to diversify economy, boost jobs Read More »
The West African nation of Guinea has announced plans to launch its first sovereign wealth fund (SWF) by the second quarter of 2026, with an initial capital target of US$ 1 billion. The fund is designed to channel revenues from…
Botswana has announced the launch of a new sovereign wealth fund (SWF) aimed at driving economic diversification, job creation, and professionalising the management of state-owned enterprises (SOEs).The fund is distinct from the existing Pula Fund, which has operated primarily for…
Egypt’s government is set to double the assets and investments managed by the Sovereign Fund of Egypt (TSFE)
Despite a downturn in oil output in late 2024, Ghana’s oil-based sovereign funds received substantial inflows over the year
In September 2024, a new board of directors was inaugurated for the Nigeria Sovereign Investment Authority (NSIA),
Libya’s $70 billion sovereign wealth fund made progress toward regaining full control of its assets after years of sanctions.
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