Many sub-Saharan countries have had sustained economic growth despite the global recession. But conflict, political instability and weather extremes in some areas may keep investors away. At the World Economic Forum in Davos, Switzerland, African leaders and others talked about what’s being done to make the continent more attractive to investors.
From the start, those on the panel questioned the title, De-risking Africa. South African president Jacob Zuma said, “I’ve been questioning myself about the topic. De-risking Africa. Is Africa risky more than any other region of the world? Somebody will have to explain to me because it looks like there’s a perception about Africa which needs to be dealt with.”
Mr. Zuma said that he takes issue with that perception, adding that many African leaders have taken measures to ensure stability in their countries.