Ugandan Pension Fund Moves into Kenya PE
Uganda's sole state pension fund said on Wednesday it would start investing in Kenyan debt and equities and establish a private equity fund to expand its Ugandan investments into unlisted companies, Reuters reported. The National Social Security Fund is one of the biggest investors in the country with assets of 2.74 trillion shillings ($1.04 billion) last year, and has about 130 billion shillings to invest every month from contributions.
20 March 2013•2 mins read
