analysis By Louise Redvers Sovereign wealth funds smell of success, but are they right for countries with high-spending demands? Sovereign wealth funds (SWFs) seem to be the new must-have accessory for African governments – especially those with freshly discovered oil and gas reserves. Related Topics Africa Africa: African Champs Ivory Coast Draw Ghana… Africa: Africa, […]
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Businessman turned politician Benoni Urey is annoyed over the arbitrary manner in which the Liberian government is giving out oil blocks to foreign companies without realizing that poverty is the biggest enemy of the country. He said recent sale of some off-shore oil blocks is tantamount to “stealing the wealth” of the country, urging the […]