In a survey of Africa’s investment attractiveness, 72.7% of those surveyed had improved optimism. Part of the reason for this is Africa’s economy is becoming more diversified, and weighted towards more consumer facing services.
There is steep competition for foreign direct investment as China has played a key role in development for the last 15 years. Johan Steyn, a portfolio manager at Prescient Africa Equity Fund, outlines China’s impact on the continent.
Investors Betting on Africa Despite Ebola
