Sovereign Fund of Djibouti is Launched
Posted on 09/16/2020
The activities of the Sovereign Fund of Djibouti were officially launched on September 14, 2020 at the presidential palace in the capital.. The sovereign wealth fund will be in the form of a public limited company. Heading up the Djibouti sovereign wealth fund is Senegalese Mamadou Mbaye, a former vice-president of the Sovereign Fund for Strategic Investments of Senegal (FONSIS).
The creation of the Sovereign Fund of Djibouti is a key measure of Djibouti’s Vision 2035, the long-term development strategy of the Republic of Djibouti which aims to position the country as a major commercial, logistics, port, and digital hub.
Keywords: Fonds Souverain de Djibouti, Djibouti Sovereign Fund, Sovereign Fund of Djibouti.