Thursday, August 8, 2013

Analysis of China-Africa Development Fund

The Centre for Chinese Studies at Stellenbosch University published in July 2013 a brief analysis titled "The China-Africa Development Fund (CADFund) as a Sovereign Wealth Fund for Africa's Development?" by Sven Grimm.

The policy brief elaborates on the setting and policy of CADFund, specifically in comparison to Norfund, Norway's sovereign wealth fund for investments in developing countries, which also has a development vocation.  While operating according to market principles, CADFund is an economic and diplomatic tool of the Chinese government to encourage Chinese enterprises' investments in African countries. 

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