Mamadou Mbaye leaves FONSIS to lead Djibouti’s sovereign wealth fund
According to our sources, the former executive director of FONSIS, Senegal’s sovereign wealth fund, has taken up residence in Djibouti to steer the country’s new state-owned investment vehicle which targets bringing in $1.5bn over a 10-year period.
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▪ Mamadou Mbaye leaves FONSIS to lead Djibouti’s sovereign wealth fund
▪ According to our sources, the former executive director of FONSIS, Senegal’s sovereign wealth fund, has taken up residence in Djibouti to steer the country’s new state-owned investment vehicle which targets bringing in $1.5bn over a 10-year period.
▪ https://www.africabusinessplus.com/en/804839/mamadou-mbaye-leaves-fonsis-to-lead-djiboutis-sovereign-wealth-fund/
Placed at the helm of Djibouti’s sovereign wealth fund (Fonds souverain de Djibouti – FSD), as made official on 24 June, Mamadou Mbaye was selected for his expertise in fundraising and his knowledge of quasi-public organisations.
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