African Sovereign Wealth Funds could Lose at Least $19 Billion Due to COVID-19

COVID-19 and its enormous economic repercussions on Africa is putting serious strain on the continent’s Sovereign Wealth Funds – which collectively hold some $87 billion in assets under management. Experts at advisory firm Konfidants – which publishes the African Sovereign Wealth Funds Index – are projecting that COVID-19 could result in African SWFs suffering combined … Continue reading African Sovereign Wealth Funds could Lose at Least $19 Billion Due to COVID-19