DUBAI: A Kuwaiti sheikh is suing UBS AG for $21.4 million, alleging the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by the Kuwaiti telecommunications operator Zain, a Dubai court heard on Sunday.
Showing posts with label African countries. Show all posts
Showing posts with label African countries. Show all posts
Monday, June 24, 2013
Thursday, June 13, 2013
Africa Has Strongest Growth in Sovereign Funds, JPMorgan Says
Africa is experiencing the strongest growth in new sovereign wealth funds in the world as the continent’s nations are amassing commodity revenues and foreign-exchange reserves, according to JPMorgan Asset Management Inc.
Thursday, July 19, 2012
China aims to rewrite perceptions on Africa investment
BEIJING (Reuters) - Beijing is eager to rewrite negative perceptions of its growing ties with Africa at a summit this week, citing expanding private investment and a push to shift low-end manufacturing to the continent long seen as a commodities and energy cache for China.
Sunday, November 13, 2011
Nigeria, SWFs, and the Resource Curse? Two New Papers
Nigeria, perhaps the world's poster child for the oil curse, is the latest country to deploy a sovereign wealth fund as a tool to try to better manage national income. At the same time, Nigeria is struggling with depleted savings and growing fiscal concerns, even in a time of high oil prices.
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