Investment uncertainty as private capital dries up

African economies braved through yet another challenging macroeconomic environment in the first half of 2024, a global trend that has been persistent in recent years. Shutterstock

Fund managers abandon large-sized deals on the continent as they grapple with declining funds

Africa is grappling with an unprecedented slump in new investments as a result of tight market conditions and heightened investor uncertainty, which have caused fund managers to abandon large-sized deals in the face of declining availability of private capital, new study shows.