Thursday, August 5, 2010

World Bank unit leads big funds into Africa

The private-sector lending arm of the World Bank is leading large government-owned wealth and state pension groups into frontier markets in Africa and elsewhere where few big investors have sought to venture.
The funds have amassed nearly $3 trillion in assets, and a 1 percent investment of their assets could add up to $30 billion a year in private investment for Africa. read more...

No comments:

Post a Comment