Africa’s Quest for Development: Can Sovereign Wealth Funds help?

This paper discusses the potential role that Sovereign Wealth Funds (SWFs) could play in African economies, both as recipient countries and home countries. The authors use new hand collected data to document the landscape of African SWFs as well as SWFs interventions on the continent. It identifies opportunities that Africa offers for SWFs as well as challenges that need to be addressed in order to enhance SWFs role in supporting Africa’s development.