Africa should pave the way for investment amid risk-averse environment
Deglobalisation is set to further marginalise continent, with funds tracking major trading nations’ currencies
The Covid-19 pandemic has created an interesting conundrum for the investment world. As global economies attempt to go back to some normalcy after extended periods of economic inactivity, investors are also faced with critical decisions on the best markets and asset classes in which to invest their capital. In these uncertain times the pandemic has left even the world’s largest investors wary and even more risk averse.
The UK now appears almost certain to be unable to finalise a trade deal with the EU by December 31, and its official withdrawal from the EU has created a unique set of challenges for its relations with its sovereign neighbours and the rest of the world. Against the backdrop of negotiations by the EU and UK parliaments to map out rules on trade, immigration, aviation, security and access to fishing waters, the pandemic has weighed significantly on the UK economy. ..
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