African National Congress Includes SWF Proposal in Party Manifesto

Posted on 07/12/2019

Heavily reliant on foreign portfolio investments, South Africa is the most industrialized economy in sub-Saharan Africa. The ruling African National Congress (ANC) included the idea of a national sovereign wealth fund in its May election manifesto. Africa is home to a number of sovereign wealth funds, but these funds dwarf in asset size compared to […]