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.
15th June, 2023
Two new funds focusing on co-investments and social impact were launched this month by Spain’s sovereign wealth fund, Compañía Española de Financiación del Desarrollo (COFIDES), as the country’s government follows France and Italy in catalysing private sector capital for strategic economic development.
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2nd June, 2023
Recent weeks saw a surge of proposals for new sovereign wealth funds – some in countries that already host established SWFs – as governments look to strategic development and fiscal stabilization in a turbulent and uncertain era.
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1st June, 2023
If we talk about emerging SWFs with a specific focus, we need to talk about MIC, which was established in June 2020 to support and accelerate the economic development of Mauritius, grow national wealth, and build the country’s long-term economic resilience. We had the great pleasure of speaking with CEO Jitendra Bissessur about the fund’s origins and plans.
15th May, 2023
Nigeria’s sovereign fund is set to fuel the country’s infrastructure growth with up to US$1 billion in a three-year program of investment in solar energy and healthcare.
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15th March, 2023
Saudi Arabia’s private markets are set to receive a boost from the Kingdom’s sovereign wealth fund, with plans designed to increase the role of the domestic private sector from 40% to 65% of GDP by 2030.
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1st March, 2023
Since its establishment in 2018, TSFE has become a trailblazer and a model for strategic funds in Africa and beyond. After establishing dedicated subsidiaries, the Egyptian fund has been busy investing in domestic assets and attracting foreign investors, all of it with a Sustainability angle. We were delighted to hear more about the fund’s plans from its CEO Ayman Soliman.
1st February, 2023
In the context of a highly divided and disrupted Europe, Kosovo continues to fight for its recognition as an independent country. With a GDP of c. US$ 10 billion and an active public sector, the Government has set up a working group for the establishment of a sovereign fund before 2025. We talked with Emanuel Bajra about the working group and rationale for a SWF.
26th January, 2023
The Ireland Strategic Investment Fund (ISIF) has announced it is one of the backers of Netherlands-based Waterland’s new EUR4 billion of pan European funds with its new ninth fund - Waterland Private Equity Fund IX - set to increase its investments in Irish businesses over the next two to three years.
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12th January, 2023
Kazakhstan has always been home of significant Sovereign Wealth, due to vast gas reserves and annual revenues. The country’s most known and largest SWF is Samruk-Kazyna, which was modeled after Temasek and was born out of the merger of two holding companies, Samruk and Kazyna in 2008.
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12th January, 2023
The Public Investment Fund (PIF) is growing more and more like a banyan tree: developing accessory trunks that allow it to spread outwards indefinitely. The Saudi SWF has a central strategy, which is “driving the growth of new sectors, companies and jobs, as a catalyst of Vision 2030” but is writing history as it goes.
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1st December, 2022
Armenia’s ANIF is one of the latest additions to the SWF industry globally. The fund acts as a catalyzer of foreign investment into the country and has signed important partnerships with Masdar and Air Arabia, among others. In June, it became the first foreign Sovereign Fund to open an office in the UAE. We had the pleasure of speaking with its CEO about the fund’s plans.