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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

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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

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