Africa is at a pivotal juncture, marked by a notable shift in its political landscape, increased interconnectedness across the continent, and the rise of innovative technologies. This period of transformation offers opportunities but also risks exacerbating fragilities in some African countries.
Africa's outlook is promising. But understanding the nuanced market dynamics and adopting a long-term perspective will be essential for stakeholders – from policymakers and investors to development agencies and civil society – as they navigate the evolving landscape to successful investment outcomes in 2024 and beyond. For African countries and investors looking to invest or grow their business in Africa, the time is now.
Control Risks and Oxford Economics Africa are pleased to launch the ninth edition of the Africa Risk-Reward Index. The index illustrates the evolution of the investment landscape in major African markets, and provides a grounded, longer-term outlook of key trends shaping investment in these economies. It also offers a comparative snapshot of market opportunities and risks across the continent, which will allow your organisation to develop an informed strategy for growing your business or investing in Africa.
Designed for both prospective and existing investors in Africa, this report offers a nuanced re-evaluation of the country’s investment landscape, encompassing strategic risks, operational insights, and growth opportunities across our three key themes for 2024:
The growing discontent among young people in Africa will put pressure on governments to achieve a balance between attracting and retaining investments while addressing the heightened expectations of the younger populations.
How will this generational divide in Africa affect societal cohesion and influence political and economic opportunities in the year ahead?
In the last decade, infrastructure investment in the continent, especially in energy, port and rail projects, has surged.
How will these infrastructure advancements shape the continent’s security, economic and social progress in the year ahead?
Significant AI advancements have created global opportunities, but Africa's perspective has often been overlooked. African governments will need to regulate AI technologies swiftly, with some countries leading the way by collaborating with tech companies.
How is the adoption of AI in Africa impacting economic development and addressing local challenges across various industries?
