Welwitschia Fund swells to N$460 million

Welwitschia Fund swells to N$460 million – !Gawaxab

The country’s sovereign wealth fund, the Welwitschia Fund, has seen significant growth, now holding N$460 million, a considerable increase from the initial N$270 million invested at its 2022 launch. Central bank governor Johannes !Gawaxab revealed the fund’s progress on Wednesday. The Welwitschia Fund is designed to safeguard Namibia’s economic future by ensuring that the benefits […]

Indonesia's sovereign wealth fund Danantara: What you need to know

nst.com.my - 24/Feb 16:19

JAKARTA: Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia’s largest...

N$60 banknote launched to commemorate Geingob

namibian.com.na - 05/Mar 10:08

THE Bank of Namibia has introduced a N$60 banknote to commemorate former president Hage Geingob. Speaking at the launch of the banknote on Wednesday,...

Elon Musk’s Former Banker to Lead US Sovereign Wealth Fund

thedeepdive.ca - 06/Mar 13:27

The US Commerce Department has reportedly selected Elon Musk’s former banker Michael Grimes to lead a planned sovereign wealth fund, The post Elon...

Saudi Arabian fund to invest RM442mil in AirAsia: Report

nst.com.my - 06/Mar 23:38

KUALA LUMPUR: Saudi Arabia’s sovereign wealth fund is set to invest US$100 million (about RM442mil) in Malaysia’s Capital A-owned budget airline...

Namibia leads African pension fund assets per capita for fifth consecutive year

economist.com.na - 27/Feb 13:29

Namibia’s pension system has once again been recognised for its excellence, topping the 2024 ABSA Africa Financial Markets Index for having the...

Mineworkers Union’s NAMIT EduFund invests over N$1.3 million in local students

economist.com.na - 07/Mar 13:27

The Mineworkers Union of Namibia (MUN), through its NAMIT EduFund initiative, held a grant handover event on Friday, continuing its commitment to...

Independence Day Celebration: Minerals Development Fund reaffirms commitment to sustainable development

modernghana.com - 06/Mar 15:42

As Ghana marks its 68th Independence Anniversary, the Minerals Development Fund (MDF) has reiterated its commitment to ensuring that the nation...

Danantara: a new hope or a phantom menace?

indonesiaatmelbourne.unimelb.edu.au - 04/Mar 08:38

The establishment of Danantara, Indonesia’s new sovereign wealth fund (SWF), has sparked both optimism and scepticism.

Port of Salalah celebrates milestone expansion of 2 million TEU

cyprusshippingnews.com - 25/Feb 03:29

The APM Terminals-operated Port of Salalah has invested USD 300 million in expanding and ensuring readiness for the new network […]

Dealmaker tipped to lead new US sovereign fund

thestar.com.my - 06/Mar 16:00

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the US Commerce Department last month, is...

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