While Africa saw record levels of foreign direct investment in 2021 – up 113% to $83bn compared to 2020 – this only represented 5.2% of the global total. Despite this significant investment, and the ongoing investment over the years, the continent still requires much more.
Elevated perceived risks, the high cost of foreign exchange and a lack of transparency and predictability might be cause for caution, regardless of Africa’s young, dynamic and growing population, and the abundance of natural resources.
