Layout:

Fund of the Month: Petroleum Revenue Investment Reserve (Uganda)

1st December, 2025

In 2015, Uganda established their own sovereign fund, PRIR, to be fed with oil revenues from the national oil company. The institution has since then positioned itself to follow best practices, once the revenues flow in, expected in July of 2026. We were delighted to speak with Ms. Martha Kiiza Kalema, the Team Lead for PRIR within the Bank of Uganda, about the fund’s set up and prospects.

Botswana launches new sovereign wealth fund to drive growth beyond diamonds

22nd September, 2025

Botswana has launched a new sovereign wealth fund – the Botswana Sovereign Wealth Fund Ltd - with a clear brief: help diversify the economy, support job creation, and professionalise the management of state-owned assets.

Subscriber Post

ASIF grows to 17 members, launches US$ 1 billion investment platform

17th June, 2025

The fourth edition of the Africa Sovereign Investors Forum (ASIF) took place this week in Abuja, Nigeria. The high-level conference reunited eight of the club’s 15 existing members and welcomed two new SWFs: Ghana Petroleum Funds (GPF), which becomes the second Ghanaian fund together with GIIF, and Mutapa Investment Fund, which was recently established by the government of Zimbabwe.

Subscriber Post

Botswana’s Billion-Dollar Dilemma: Should the Pula Fund Bet on De Beers?

10th June, 2025

For years, Botswana’s Pula Fund has been hailed as a model of fiscal discipline: a sovereign wealth fund that quietly turned diamond wealth into long-term national security.

Subscriber Post

Tariff Shockwave: From Firefighting to Futureproofing, SWF Trillions Are on the Move

9th April, 2025

Markets have snapped. Trump’s dramatic tariff volley has set off a chain reaction. China hit back fast and global stocks are erratic amid a guessing game over the mercurial President Trump's next move.

Subscriber Post

Spotlight Guinea: Military Government Plans Commodity-Based SWF

10th December, 2024

Guinea is the latest SSA state to announce a planned new SWF, although details on the timeframe, governance and size of the fund are hazy - even though it could yield billions from the exploitation of the country's massive, high quality iron ore reserves.

Subscriber Post

Zambia and Botswana Turn to Mineral Wealth for New Fiscal Stabilization SWFs

3rd October, 2024

Facing revenue and spending pressures, two southern African countries – Zambia and Botswana – are examining proposals for sovereign wealth funds with a stabilization mandate, but given their structural challenges and spending pressures the plans maybe too little, too late.

Subscriber Post

Special Announcement: The SWF Academy

2nd September, 2022

After several months of hard work, we are delighted to announce the launch of the SWF Academy, in partnership with London Business School (LBS). The new Executive Education course will be offered a few times a year at LBS campuses in London and Dubai, providing the future leaders of Sovereign Investors with the right tools to succeed.

Subscriber Post

Governance and Resilience remain key issues for African SWFs

29th July, 2021

The African continent is vast in size, diversity and wealth - and its SWFs need specific guidance on governance and resilience. Today, its wealth of US$ 97.9 billion is managed by 30 SWFs or sub-funds: 9 stabilization, 9 savings and 12 strategic funds. This capital is unevenly distributed, with significant differences between the North and the South of the Sahara desert.

Subscriber Post