Entries by FSD

THE PRIME MINISTER PRESIDES OVER THE OFFICIAL LAUNCH CEREMONY OF DJIBOUTI’S FIRST CROWDFUNDING COMPANY

Last Thursday, Prime Minister Abdoulkader Kamil Mohamed presided over the launch ceremony of the first Crowdfunding company ‘Inclufin’ by the Djibouti Sovereign Wealth Fund (FSD) at Djibouti Palace Kempinski. Several government members attended the ceremony, including the Minister Delegate for Digital Economy and Innovation, Mariam Hamadou Ali, the Chief Executive Officer of the Djibouti Sovereign […]

THE EVENT: WITH THE INAUGURATION OF THE RED SEA POWER WIND FARM, DJIBOUTI ASPIRES TO BECOME THE FIRST AFRICAN COUNTRY ENTIRELY POWERED BY RENEWABLE ENERGY.

President Ismail Omar Guelleh officially inaugurated Djibouti’s very first wind farm. This ambitious project addresses the country’s severe energy shortage by increasing the overall capacity by 50% while accelerating the carbon neutrality goal. Djibouti aims to become the first African nation to rely entirely on renewable energy sources for electricity production. The country has sufficient […]

GLOBAL SWF’s FUND OF THE MONTH (Aug’23): FSD

Among the newest sovereign wealth funds in Africa, the Fonds Souverain de Djibouti (FSD) can be considered a hidden gem. The fund was established in 2020 to help improve governance and catalyze investments in strategic sectors to build long-term wealth for future generations. We had the great pleasure of speaking with its CEO, Mr. Slim Feriani, about […]

PM NGIRENTE URGES EFFECTIVE MANAGEMENT OF SOVEREIGN WEALTH FUNDS

In order to accelerate an efficient and diversified economy, Prime Minister Edouard Ngirente has emphasized the crucial need for the effective management of African Sovereign Wealth Funds. His remarks came at the conclusion of the second annual meeting of the African Sovereign Investors Forum (ASIF) held from July 6 to 7 at Kigali Marriott Hotel. […]

PRODUCTIVE WORK VISIT OF A QATARI DELEGATION TO THE FONDS SOUVERAIN DE DJIBOUTI

The FSD received a high-level Qatari delegation on Tuesday, June 20, with the aim to strengthening bilateral cooperation. This visit comes shortly after the participation of the Head of State, His Excellency Mr. Ismail Omar Guelleh, to the 5th United Nations Conference on the Least Developed Countries (LDCs) held in the Qatari capital, Doha. The […]

FSD-GHIH-NEO THEMIS: HISTORIC AGREEMENT FOR ENERGY INFRASTRUCTURE DEVELOPMENT

On thursday 15 June 2023, the Sovereign Wealth Fund of Djibouti (FSD), Great Horn Investment Holding (GHIH) and NEO THEMIS signed an important and historic agreement. The signed contract commits NEO THEMIS to building two solar power plants, a seawater desalination plant and a liquefied natural gas storage facility at pre-defined rates and within pre-defined […]

FSD/KASADA: INVESTMENTS IN THE TOURISM SECTOR

FSD and Kasada Capital Management sign a Memorandum of Understanding to invest in the tourism sector in Djibouti. On March 2nd, 2023, the Fonds Souverain de Djibouti “FSD”, represented by its CEO Dr. Slim Feriani, and Kasada Capital Management, represented by its managing partners, Mr. Olivier Granet and Mr. David Damiba, signed a Memorandum of […]

THE FONDS SOUVERAIN DE DJIBOUTI INVESTS IN THE STARTUP “DJIBENERGY SERVICES”

On Monday, February 13th, 2023, the Fonds Souverain de Djibouti (FSD) entered the capital of the innovative startup DjibEnergy Services. The Fonds Souverain de Djibouti became a minority shareholder in the capital of the startup “DjibEnergy Services”. The financing agreement was signed on Monday, February 13th, 2023, in the presence of the Chief Executive Officer […]

MR. HUSSAIN SAJWANI, THE SIXTH FORTUNE OF THE MIDDLE EAST, VISITS DJIBOUTI

On Sunday, November 27th, 2022, the Fonds Souverain de Djibouti welcomed the DICO/DAMAC Conglomerate founder: Mr. Hussain SAJWANI, the 6th wealthiest man in the Middle East. The Fonds Souverain de Djibouti (FSD) welcomed this Sunday, November 27, 2022, a distinguished guest: Mr. Hussain SAJWANI, who is one of the wealthiest personalities in the Arab world […]

INTERNATIONAL FORUM OF SOVEREIGN WEALTH FUNDS HOLDS GENERAL ASSEMBLY IN BAKU

From November 14th to 17th, 2022, the sovereign wealth funds members of the International Forum of Sovereign Wealth Funds (IFSWF) met in Baku, Azerbaijan, for the 14th General Assembly of the IFSWF. The capital of Azerbaijan, Baku, hosted the General Assembly of the International Sovereign Wealth Funds Forum (IFSWF) from November 14 to 17, which […]

THE WORLD OF SOVEREIGN WEALTH FUNDS

After the launch of the crowdfunding platform on October 10, 2022, the Chief Executive Officer of the Fonds Souverain de Djibouti “FSD” took his pen to patiently describe the world of finance. The international financial system generally comprises three main segments: (1) the “sell side” (i.e., the sale of banking/financial products and services); (2) the […]

THE ” CROWDFUNDING ” SOON TO BE OPERATIONAL IN DJIBOUTI

The Ministry of Digital Economy and Innovation (MENI) and the Fonds Souverain de Djibouti (FSD) proceeded Monday, October 10, 2022, with the launch of the project “DJIBOUTI CROWDFUNDING.” The Minister Delegate in charge of Digital Economy and Innovation (MENI), Mrs. Mariam Hamadou Ali, and the Chief Executive Officer of the Fonds Souverain de Djibouti (FSD), […]

SEIDSP AND FSD: WORKING TOGETHER TO BOOST INVESTMENT AND PRIVATE SECTOR DEVELOPMENT

The State Secretary in charge of Investment and Development of the Private Sector “SEIDSP,” Mrs. Safia Mohamed Ali, and the CEO of the Fonds Souverain de Djibouti ” FSD, “Dr. Slim Feriani, proceeded yesterday in the headquarters of the State Secretary, to the signature of a Memorandum of Understanding. The SEIDSP and the FSD have […]

THE FONDS SOUVERAIN DE DJIBOUTI AND THE MERIDIAM INVESTMENT FUND SIGN A MEMORANDUM OF UNDERSTANDING TO BUILD SUSTAINABLE INFRASTRUCTURE

Signature of a memorandum of understanding between the Fonds Souverain de Djibouti and Meridiam Investment Fund for the Development of Infrastructure Projects. Sunday, July 24, 2022, the Fonds Souverain de Djibouti (FSD) and Meridiam signed a memorandum of understanding to combine their skills for implementing infrastructure projects to contribute to the economic and social development […]

DJIBOUTI FOUNDING MEMBER OF “AFRICAN SOVEREIGN INVESTORS FORUM” (ASIF)

The Chief Executive Officer of the Fonds Souverain de Djibouti (FSD), Dr. Slim FERIANI, participated in the launch and signing of the Memorandum of Understanding for the creation of the African Sovereign Investors Forum (ASIF) which was held on June 20 and 21 in Rabat, Morocco. ATTRACTING PRIVATE CAPITAL FOR INVESTMENT IN AFRICA Dr. Slim […]

FONDS SOUVERAIN DE DJIBOUTI AND KASADA: TOWARDS A STRATEGIC PARTNERSHIP TO STRENGTHEN INVESTMENT IN HOTEL INFRASTRUCTURE IN DJIBOUTI

The Chief Executive Officer of the Fonds Souverain de Djibouti, Dr. Slim Feriani, and his Chief Investment Officer “CIO,” Mr. Gbarssin, received on May 24, 2022, the Chief Executive Officer and CIO of Kasada Capital Management. Based in South Africa, Kasada Capital Management is an independent investment platform dedicated to the hospitality industry in sub-Saharan […]

THE INTERNATIONAL FORUM OF SOVEREIGN WEALTH FUNDS (IFSWF) SELECTED THE FONDS SOUVERAIN DE DJIBOUTI

Led by Dr. Slim FERIANI, the Fonds Souverain de Djibouti (FSD) joined the International Forum of Sovereign Wealth Funds (IFSWF). This Forum now includes sovereign wealth funds from 40 countries. The International Forum of Sovereign Wealth Funds (IFSWF), established in 2008, is a non-profit organization committed to promoting good governance and investment management practices and […]

FONDS SOUVERAIN DE DJIBOUTI, CREATED BY AND FOR VISION 2035

In 2020, and as part of the Vision 2035 of His Excellency the President of the Republic Ismail Omar Guelleh, the State created a sovereign fund, the Fonds Souverain de Djibouti (FSD). The fund’s mission is to contribute to rapid economic diversification and inclusive and sustainable social and economic development and prosperity. The FSD is […]

CREATING AFRICA’S TEMASEK IN DJIBOUTI

In 2020, Djibouti announced the launch of its sovereign wealth fund. Speaking with Omar Ben Yedder, CEO Dr. Slim Feriani describes how he plans to deploy it to help diversify Djibouti’s economy. Djibouti has often punched above its weight. This small country, in terms of landmass and population, is today one of the most sophisticated […]

THE FONDS SOUVERAIN DE DJIBOUTI WELCOMES THE PRIVATE INVESTMENT FUND MERIDIAM

The visit of Meridiam focused on the preliminary study of major public and social infrastructure Projects as envisaged in Vision 2035. Meridiam is a company specializing in developing, financing, and managing public and social infrastructure projects. Created in 2005, Meridiam invests in the execution of sizeable sustainable infrastructure projects that meet several needs, including digitalization, […]