Changing Perspectives

by Developed Africa 2. June 2014 09:00

It would appear that investors perceptions of Africa have changed, and that they are starting to see past the negatives.

Vice President of the World Bank's Multilateral Investment Guarantee Agency, Michel Wormser, has said in an interview that investors in Africa are starting to see beyond negative news. It is important to highlight that this should not be seen as belittling the negative events that happen across the continent, but more that investors are starting to recognise that events in one country do not have an affect (or have little affect) on their project in a country on the other side of the continent.

When something happened in one side of Africa, it seemed to affect perceptions of the whole continent. This is not the case today. Many investors understand the difference between countries and even understand the difference within a country between regions and sectors."

 

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