Senegal seeks to bring together African sovereign wealth funds to boost investment in infrastructure
The CEO of the Sovereign Fund for Strategic Investment (FONSIS) explains that the fund in charge of future oil and gas revenues will be managed internally as one of the three new funds with total assets of over $200m.
18/10/2019 at 10h43, by Africa Business+
“We are working with Ithmar Capital (Morocco), the Nigeria Sovereign Investment Authority, in Rwanda and in Angola to see how African sovereign wealth funds can make joint investments in infrastructure projects,” explained Demba Dialo, FONSIS’ CEO, in comments to Jeune Afrique Business+.