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Wealthy American Universities Start to Invest in Africa

July 8, 2013
 

Some of the wealthiest American universities are starting to invest in Africa, seeing the potential for large gains, Reuters reported. Northwestern University, with holdings in companies in Kenya and Nigeria, recently doubled its African investments. Other large endowments investing in Africa include those of the Universities of Michigan, Notre Dame, Texas and Wisconsin. Rockefeller University is expected to make such an investment this year.

 

 
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