Fondos Soberanos y África (Sovereign Wealth Funds and Africa)
16 Pages Posted: 10 Jan 2012 Last revised: 5 Feb 2012
Date Written: January 10, 2012
Abstract
África vive una década clave para el desarrollo del continente. La aparición de los Fondos Soberanos como actores globales universales no es ajena a la posible evolución de África en esta década. El creciente comercio Sur-Sur y la inestabilidad que vive el Norte, convierten a África en el próximo “mercado frontera” para los inversores globales, entre los que ocupan un lugar creciente los Fondos Soberanos. África tiene un “gap” de infraestructuras estimado, próximo a los $100 billion. Se trata de una necesidad fundamental para África que además representa una de las barreras a la inversión más importantes. En concreto, puede constituirse como una oportunidad para las grandes concesionarias españolas, líderes en su sector a nivel internacional. La posición económica de varios países africanos hace sospechar que el número de Fondos que se crearán irá en aumento. La posible colaboración de Fondos emergentes como Mubadala, Temasek, CADF o Khazanah supondrá un nuevo paso en las relaciones Sur-Sur ya crecientes.
Africa faces a decisive decade for development. Surge of Sovereign Wealth Funds as global actors is not indifferent to this trend. Growing South-South trade and North's crisis favour to see Africa as the next "market frontier" for global investors, and especially for Sovereign Wealth Funds. Africa's infrastructure gap is worth $100 billion, and it could be a main opportunity for Spanish construction dealers. Current economics in several African countries lead us to conclude that more Sovereign Wealth Funds will set up in the region in the near future. Finally, potential collaboration among emerging Funds like Mubadala, Temasek, CADF or Khazanah would mean an important step in the growing South-South relationships.
Note: Downloadable document is in Spanish.
Keywords: Sovereign Wealth Fund, Fondos Soberanos, Africa, Global imbalances, Desequilibrio global
JEL Classification: 055, 016, E62, F23, F31, N57
Suggested Citation: Suggested Citation
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