Africa’s best-performing sovereign wealth funds: What sets them apart?
Rwandan President Paul Kagame attends the launch of the Agaciro Development Fund in Kigali in 2012 © Paul Kagame/Flickr Published on August 13, 2026 at 10:00 am (GMT +1) More than three decades separate the creation of Africa’s first sovereign wealth fund, Botswana’s Pula Fund, established in 1993, from the latest wave of vehicles launched, notably in the Democratic Republic of Congo, Côte d’Ivoire and Burkina Faso.
Which raises the question: what does a successful sovereign wealth fund look like in Africa?
In between, around 30 structures have been created across the continent, with highly uneven results, as we break down in the first two parts of this series.
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