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

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


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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to