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Sovereign Wealth Fund surges

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Namibia’s Sovereign Wealth Fund has surged past the half-billion-dollar mark, with government moving to table dedicated legislation that will legally protect natural resource revenues for future generations. According to the midterm budget documents, the Welwitschia Fund reached a market value of N$514.6 million Namibian dollars as of late June. That marks a 75% growth from the N$293 million recorded at its launch in November 2022. Angie Scholtz has more. 
30 Oct 1AM English Namibia News

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