Nigeria Gumel Leads Botswana’s Sovereign Wealth Fund
In a significant move to diversify its economy beyond diamond revenues, the Government of Botswana has appointed Nigerian financier Farouk Gumel as Chairman of the Board of Directors of its newly launched Sovereign Wealth Fund Limited. The announcement was made by President Duma Gideon Boko at the fund’s launch ceremony in Gaborone. Gumel brings a…