Africa Without Rose-Tinted Glasses

In this discussion with Investing News Network, I discuss Africa, mining investment, jurisdictional risk, and why investors must avoid romantic narratives when looking at the continent.

The discussion examines the political, social, and institutional risks that affect mining projects across Africa. Investors can still find opportunities, but only if they price in the dangers of weak rule of law, political expropriation, tribal conflict, and governments that may not respect property rights or investment capital.

Watch the full discussion below:

Key Takeaways:

  • Why investors should avoid romantic views of Africa
  • How weak institutions and poor rule of law affect mining investment
  • Why political and social risk must be priced into African mining projects
  • How jurisdictional risk changes valuation and expected returns
  • Why developed jurisdictions remain more attractive for many resource investors