AFRICA INVESTMENT: African nations race to build sovereign funds

JOHANNESBURG (Reuters) - Resource-rich African countries are busy setting up sovereign wealth funds, but critics say the funds may not serve the long-term interests of poor countries that still need to invest in basics such as schools and roads.

From FDI to AIA: Africans investing in Africa

JOHANNESBURG (Reuters) - Investors from Europe, Asia and the United States are not the only ones chasing growth opportunities in Africa these days - Africans themselves are waking up to the potential across borders in their own backyard.

The Crime of the Century: The theft of the Libyan sovereign funds

The objective of the war in Libya is not just oil, whose reserves (estimated at 60 billion barrels) are the most important in Africa and whose extraction costs are among the lowest in the world. Not so little also, natural gas, whose reserves are estimated at about 1.5 trillion cubic metres. In the crosshairs of "volunteers" of operation "unified protector" are also the sovereign funds, the wealth, the Libyan capital that the state invested abroad.