Why State is banking on oil, minerals fund to pay debts

Kenya plans to establish a fund to manage proceeds from its nascent petroleum and mining industries.

In a new Bill, the National Treasury has proposed setting up the Sovereign Wealth Fund (SWF) that will be split into three components, with the key one saving earnings from the two sectors for Kenya’s future generations.

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Offer ends in…

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Subscribe Now & Save

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Kenya plans to establish a fund to manage proceeds from its nascent petroleum and mining industries.

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