Day: November 20, 2025

Guinea to Launch $1B Sovereign Wealth Fund Backed by iron ore

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 …

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Botswana unveils new wealth fund to diversify economy, boost jobs

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 …

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