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The Eclectic Economist

Cedric Muhammad Tweeting Africa PreBrief ‘Insights and Foresights’

Get the latest commentary on African economic growth, development and investment at http://twitter.com/cedricmuhammad


9 Reasons Why 2011 Isn’t 2008 (Africa PreBrief)

While watching markets collapse and commentary on American, European, Japanese and African channels, two consistent themes emerged. From the perspective of the West, comparisons to the financial crisis of 2008 were irresistible and a consensus – though vague and fleeting in nature – emerged over the place of Africa, with the suggestion that many investors could seek growth there as equities in America and Europe declined. From Africa, we heard concern, the idea being that risk averse investors abroad will see the continent in broad brush generalizations (with no distinction or differentiation within the international ‘emerging market’ category) and too challenging to navigate in coming days.