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Bank of Namibia with the Ministry of Finance Plan to Launch SWF on May 12, 2022

May 11, 2022

The Bank of Namibia with the Ministry of Finance will officially launch the Sovereign Wealth Fund (Welwitschia Fund) on May 12, 2022. The Welwitschia Fund is set to become one of Africa’s newest sovereign wealth funds, and will be administered by The Bank of Namibia, under the jurisdiction of the Ministry of Finance. Its creation…

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