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What African SWFs can learn from Asian counterparts

Sep 22, 2018 - African Banker

Properly managed, Sovereign Wealth Funds (SWFs) are a powerful tool to accelerate development and create prosperity. Although there are currently 12 SWFs in Africa, most are simply limping along, their potential still unrealised. This is in direct contrast to Asian SWFs which have become massive engines of growth. What can Africa learn from Asia?

Asian sovereign wealth funds (SWFs) have played an important role as engines of development and economic growth in the past 50 years. In 1965, Si...