What about the corruption?

If you want to be an emerging-markets investor, factor in the cost of political risk and corruption and think long term.

What about the corruption?

At the first day of the inaugural Africa Investment Summit, hosted by FinanceAsia and AsianInvestor, the initial panel discussions were about why Asian investors should consider Africa as a destination for their capital. And where they should invest.

Speakers offered practical advice, starting with the obvious. Guy Lundy, deputy chairman of Wesgro, which is the official investment and trade promotion agency for the Western Cape, reminded the audience that Africa comprises 54...

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