A decade or so of 'Africa rising' - a period of high growth for the majority of the largest economies on the continent - has given way to a more nuanced picture. A recent study from the McKinsey Global Institute finds that some countries in Africa have continued to grow, while others have experienced a slowdown.
In this podcast we look at this McKinsey report - called Lions on the Move II (click the link to view) - and ask whether we can still be positive about the overall economic outlook in Africa, whether there is potential for further growth, and how investors can support businesses on the continent.
First, we hear from Tenbite Ermias, a partner at McKinsey, before discussing what the findings mean with CDC's Dalia Aga-Shaw.
You can listen to the podcast using the player below or find us on SoundCloud, iTunes and Acast.
CDC is the UK government-owned development finance institution. CDC’s mission is to support the building of businesses throughout Africa and South Asia, to create jobs and making a lasting difference to people’s lives in some of the world’s poorest places.
We provide investment capital in all its forms, including equity, debt, mezzanine and guarantees, and this capital is typically used to fund growth. This capital is provided directly and through fund managers that are aligned with our aims.
CDC uses its own balance sheet to invest and has net assets of £3.4bn.