{"id":398968,"date":"2020-06-27T13:49:08","date_gmt":"2020-06-27T10:49:08","guid":{"rendered":"https:\/\/sonna.so\/en\/?p=398968"},"modified":"2020-06-27T13:49:08","modified_gmt":"2020-06-27T10:49:08","slug":"djibouti-sovereign-wealth-fund-targets-1-5-billion-over-the-next-decade","status":"publish","type":"post","link":"https:\/\/sonna.so\/en\/djibouti-sovereign-wealth-fund-targets-1-5-billion-over-the-next-decade\/","title":{"rendered":"Djibouti sovereign wealth fund targets $1.5 billion over the next decade"},"content":{"rendered":"<p>Djibouti <strong>(SONNA)<\/strong>: Djibouti\u2019s government created a sovereign wealth fund, targeting contributions of $1.5 billion within a decade as part of the country\u2019s \u201cVision 2035\u201d economic strategy<\/p>\n<p>The state-owned fund will target investments locally and neighboring countries in the Horn of Africa, according to a government statement published Thursday. It will focus on industries including telecommunications, technology, energy and logistics.<\/p>\n<p>\u201cThe fund is not designed as a \u2018venture capitalist\u2019 whose ambition is to generate margins and revenues in the short term,\u201d the government said. \u201cThe fund will act as a long-term investor and is required to reinvest the entire net profits of its activity.\u201d<\/p>\n<p>Djibouti, situated on one of the world\u2019s busiest shipping lanes, has become increasingly important to regional and world powers.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Djibouti (SONNA): Djibouti\u2019s government created a sovereign wealth fund, targeting contributions of $1.5 billion within a decade as part of the country\u2019s \u201cVision 2035\u201d economic strategy The state-owned fund will target investments locally and neighboring countries in the Horn of Africa, according to a government statement published Thursday. It will focus on industries including telecommunications, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":398969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[6,78],"tags":[],"class_list":{"0":"post-398968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-world"},"_links":{"self":[{"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/posts\/398968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/comments?post=398968"}],"version-history":[{"count":3,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/posts\/398968\/revisions"}],"predecessor-version":[{"id":398973,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/posts\/398968\/revisions\/398973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/media\/398969"}],"wp:attachment":[{"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/media?parent=398968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/categories?post=398968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sonna.so\/en\/wp-json\/wp\/v2\/tags?post=398968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}