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Infrastructure Financiers From Near And Far Rally Around Africa

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AFRICANGLOBE - African governments are turning to new local sources to complement more funds promised by the Chinese government. Ending Africa's infrastructure deficit requires spending of about $75bn a year, according to the World Bank. But where to find the cash?

JP Morgan to Manage Nigeria’s Multi-Billion Sovereign Wealth Fund

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AFRICANGLOBE - Financial services firm, JP Morgan, has been appointed by Nigeria's Federal Government as the custodian of the country's Sovereign Wealth Fund preparatory to the formal take off of the fund next month.
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