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Betting on the Future: The Rise and Risks of SWFs in Small LDCs

11th March, 2025

In an era marked by economic volatility, small and less-developed states are turning to creating Sovereign Wealth Funds (SWFs) as lifelines for long-term stability and prosperity.

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Spotlight on Djibouti: Small State, Big Ambitions Driven by SWF

4th December, 2024

The smallest nation state in mainland Africa, Djibouti is using the power of state capital and leveraging its geopolitically strategic location to punch above its weight, in an attempt to position itself as the Singapore of the Horn of Africa.

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UNCTAD releases Sustainability Integration Framework among SWFs in Abu Dhabi

18th October, 2023

On Wednesday, the Geneva-based United Nations Conference on Trade And Development (UNCTAD) presented a report titled “A Sustainability Integration Framework for Institutional Investors”, which it drafted with the assistance of Global SWF during 2022 and 2023.

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Fund of the Month (Aug'23): Fonds Souverain de Djibouti (FSD)

1st August, 2023

Among the newest sovereign wealth funds in Africa, the Fonds Souverain de Djibouti (FSD) can be considered a hidden gem. The fund was established in 2020 to help improve governance and catalyze investments in strategic sectors to build long-term wealth for future generations. We had the great pleasure of speaking with its CEO, Mr. Slim Feriani, about the fund’s history, current status and developments, and future plans.

Ethiopia’s EIH and Mauritius’ MIC join Africa’s SWF Club

7th July, 2023

On Thursday and Friday this week, Agaciro Development Fund hosted the second annual meeting of the African Sovereign Investors Forum (ASIF) in Kigali, Rwanda. The Forum was started by Morocco’s Ithmar Capital last year in Rabat in an attempt to increase collaboration among African SWFs, to compare notes of common challenges, and to create appealing, sizeable, Pan-African investment opportunities for foreign (e.g., Middle Eastern) SWFs.

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