1、A LEADING AFRICAN CORPORATE AND INVESTMENT BANKWHERE TO INVEST IN AFRICA2024a division of FirstRand Bank Limited,is an Authorised FSP and Credit Provider NCRCP20.BusinessEconomics Africa Innovation LifestyleCONTENTSFOREWORD 3WHY AFRICA?5A MODEL FOR AFRICA 11WHERE TO INVEST IN AFRICA 14INVESTABLE MAR
2、KETS SEEN FROM 30,000 FEET ABOVE 20ARCHETYPES 26COUNTRY SNAPSHOTS 41THE AFRICAN CONTINENTAL FREE TRADE AREA 135SUSTAINABILITY IN AFRICA 139CONCLUSION 145APPENDIX:METHODOLOGY 146REFERENCES 153EXECUTIVE FOREWORDWHY AFRICA?A MODEL FOR AFRICA WHERE TO INVEST IN AFRICAINVESTABLE MARKETS SEEN FROM 30,000
3、FEET ABOVEARCHETYPESCOUNTRY SNAPSHOTS THE AFRICAN CONTINENTAL FREE TRADE AREA SUSTAINABILITY IN AFRICA CONCLUSIONAPPENDIX:METHODOLOGY REFERENCES 3Africa is navigating significant turbulence and transformations from multiple fronts.Geopolitically,there are two major wars that are driving the world ec
4、onomies into three axes United States,China and the non-aligned and persistent tensions between the US and China are disrupting global value chains.The war between Russia and Ukraine the first major war in Europe in many years has fuelled the deglobalisation which gained momentum from the Trump admi
5、nistrations trade taxes on China and was later reinforced by the global policy response to the COVID-19 pandemic.The other war,between Hamas and Israel,is also adding to global divisions on moral and humanitarian grounds but in less disruptive ways to trade so far.Economically,global inflation has p
6、roved more persistent than initially thought,forcing major central banks to maintain policy rates at high levels for longer than anticipated and keeping the cost of funding for many African countries elevated.Amid these cross currents,Zambia and Ghana were forced to undergo painful debt restructurin