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ASIF grows to 17 members, launches US$ 1 billion investment platform

17th June, 2025

The fourth edition of the Africa Sovereign Investors Forum (ASIF) took place this week in Abuja, Nigeria. The high-level conference reunited eight of the club’s 15 existing members and welcomed two new SWFs: Ghana Petroleum Funds (GPF), which becomes the second Ghanaian fund together with GIIF, and Mutapa Investment Fund, which was recently established by the government of Zimbabwe.

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2025 GSR Scoreboard "perfect scorers” announced as consultation period concludes

16th June, 2025

Today, Global SWF is pleased to announce the leaders of its 2025 assessment of best practices among Sovereign Investors, known as the GSR Scoreboard for Governance, Sustainability and Resilience.

NSIA Hosts Africa Sovereign Investors Forum as It Sets the Gold Standard in Governance and Performance

13th June, 2025

Next week, the Nigeria Sovereign Investment Authority (NSIA) will host the fourth annual Africa Sovereign Investors Forum (ASIF) in Abuja. More than a ceremonial gathering, the two-day summit is shaping up to be a critical inflection point in Africa’s economic development story.

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African Kingdom’s US$275mn SWF: High Stakes, Smart Moves, and the Battle for Credibility

11th June, 2025

In a region characterised by fiscal fragility and donor dependence, the tiny state of Eswatini recently made a bold move: launching a US$275 million sovereign wealth fund (SWF) to reboot its economic trajectory, no doubt taking inspiration from more established African SWFs such as Rwanda's Agaciro Fund and Nigeria's NSIA.

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NSIA Posts Record Profit, Doubles Assets in 2024 as Nigeria's SWF Hits Its Stride

2nd April, 2025

In a blistering display of financial muscle, the Nigeria Sovereign Investment Authority (NSIA) has reported NGN1.89 trillion in Total Comprehensive Income (TCI) for 2024, up a staggering 59% from the previous year — a new record that signals the maturation of Nigeria’s sovereign wealth strategy.

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Spotlight Guinea: Military Government Plans Commodity-Based SWF

10th December, 2024

Guinea is the latest SSA state to announce a planned new SWF, although details on the timeframe, governance and size of the fund are hazy - even though it could yield billions from the exploitation of the country's massive, high quality iron ore reserves.

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New African SWFs Stumble Over Governance

8th July, 2024

Governance issues are an enduring concern for nascent African sovereign wealth funds and while Mozambique is looking for best practice in establishing a commodity-backed SWF, neighboring Zimbabwe is accused by anti-corruption watchdogs of failing to meet adequate standards in the operations of the Mutapa Investment Fund.

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2024 GSR preliminary scoring finalized, consultation begins

6th May, 2024

The fifth edition of the GSR Scoreboard will be released in eight weeks’ time, on Monday, July 1. Since 2020, Global SWF has issued an annual assessment of the best practices of state-owned investors around Governance, Sustainability, and Resilience.

Nigeria’s SWF Powers Renewable Energy Boost

20th November, 2023

The Nigerian Sovereign Investment Authority (NSIA) is boosting the country’s electrification through renewable energy with the establishment of a US$500 million Renewables Investment Platform for Limitless Energy (RIPLE).

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UNCTAD releases Sustainability Integration Framework among SWFs in Abu Dhabi

18th October, 2023

On Wednesday, the Geneva-based United Nations Conference on Trade And Development (UNCTAD) presented a report titled “A Sustainability Integration Framework for Institutional Investors”, which it drafted with the assistance of Global SWF during 2022 and 2023.

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Governance Fears Erupt Over New Zimbabwean Sovereign Fund

3rd October, 2023

Renamed the Mutapa Investment Fund after the vast kingdom that covered modern Zimbabwe, Zimbabwe’s sovereign wealth fund is expanding rapidly raising concerns that President Emmerson Mnangagwa is building an empire beyond the remit of the constitution.

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Mozambique Seeks to Relaunch Plan for Multi-Billion Gas-Backed Sovereign Fund

31st July, 2023

Mozambique is set to relaunch its plans for a sovereign wealth fund funded by LNG exports, which stalled in recent years amid instability in the country’s gas-rich north.

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