WHAT ARE THE INVESTMENT RISKS & OPPORTUNITIES OF A RISING AFRICA?
WHAT ARE THE INVESTMENT RISKS & OPPORTUNITIES OF A RISING AFRICA?
28 Oct 2024
In a discussion about Africa's investment landscape, the focus is on the continent's potential and challenges. A significant theme is the disparity in access to electricity, with 40% of the continent facing an energy deficit, which is a barrier to industrial growth. However, there is an opportunity to develop sustainable energy solutions, particularly solar energy, which is seen as a game-changer for reaching remote areas. The importance of creating a conducive environment for private capital is emphasized, with a focus on reducing the risk premium and fostering a thriving domestic private sector. The discussion also highlights the need for sound public finances and the development of bankable projects to attract investment. There is a call for better governance, transparency, and the use of technology to enhance Africa's investment appeal.