Long-term focus key to Africa investment

Author: | Published: 8 Jul 2011

A long-term outlook is essential when investing into Africa, according to domestic and international lawyers. Nigerian firm Aluko & Oyebode’s managing partner, Gbenga Oyebode, told delegates at IFLR’s Outbound Investment Forum 2011 that those who adopted a short-term mindset missed out on significant investment opportunities in the region. Post-crisis private equity funds have invested into many industries, such as manufacturing and infrastructure development, where traditional investors have backed up. "The PE funds did not take...