Africa Bruised by Investor Exodus – Wall Street Journal

11 months ago Comments Off on Africa Bruised by Investor Exodus – Wall Street Journal

NAIROBI, Kenya—Investors are yanking their cash from African assets, until recently a popular play for the adventurous, as a toxic confluence of factors overhangs the continent.

Crashing commodity prices, a Chinese slowdown and a string of policy failures are forcing investors to reassess the risk of investing in Africa after years of optimism about its growth prospects.

Stock markets and currencies have been selling off…

Africa Bruised by Investor Exodus – Wall Street Journal