You are here

Norway sovereign wealth fund looks deeper into Africa

Apart from South Africa, it is expanding investments into Nigeria, Kenya and parts of west Africa, says CEO
Friday, April 17, 2015 - 05:50

BT_20150417_VIWEALTH17_1621861.jpg
Mr Slyngstad says investments in Africa are done by external managers generally based in the same country.

Oslo

NORWAY's sovereign wealth fund is pouring a bigger share of its cash into Africa in a bid to capture some of the fastest growth in the global economy.

The US$890 billion fund, which is already in South Africa, is spreading its investments to the north and west of the continent

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom