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Vol 1 (AAC) No 4

Published 1st February 2008


How to spend it

Asian funds offer a source of credit to Africa and companies there

Debate in Europe and the United States over the power of Asia’s sovereign wealth funds has increased sharply in the wake of the current subprime mortgage crisis. Such funds, which have been in operation for several years, have funds to disburse. There are concerns, however, that some funds may be investing with motives other than a desire for profit.

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