President Trump signed an executive order that puts in motion plans for a U.S. sovereign wealth fund. Here's what a sovereign ...

US President Donald Trump's freeze on foreign aid is likely to create a vacuum in Africa that China can exploit, but diplomatic analysts say it may not be an easy win for Beijing. The United States ...

as we want to reach the various segments of our economy and we will invite Chinese financial organizations such as the China Africa Development Fund, the Macau Fund, among others", he disclosed.

For example, the China-Africa Development Fund is a Chinese sovereign wealth fund that finances investments in Africa by Chinese companies in power generation, transportation and other sectors.