AfDB to manage part of Africa's $500bn foreign reserves

AfDB to manage part of Africa's 0bn foreign reserves
A PORTION of the $ 500 billion foreign reserves, being kept in the Western world and Asia by African countries, may from next year, come under the management of the African Development Bank (AfDB). Specifically, AfDB, is expected to deploy the portion, …
Read more on The Guardian Nigeria

Lawmakers call for more aggressive approach in reserve investment
Numerous lawmakers complained that Macau's huge foreign reserves generate too little return and called for more aggressive measures by the Monetary Authority in charge of managing the MOP13.4-billion fund. Francis Tam promised to consider more …
Read more on Macau Daily Times

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