How to invest in Africa as it takes its place in the post-pandemic sun

The African Continental Free Trade Agreement has come into force. Favourable demographics, improving governance and a growing technology sector also bode well for the continent, says Matthew Partridge.

African Union leaders photoshoot
Almost all African Union members signed the new trade deal in 2018
(Image credit: © Getty Images)

Africa has been in the news for all the wrong reasons. A new wave of Covid-19 in South Africa, fuelled by a new and apparently more infectious strain of the virus, has already led to new restrictions. Analysts fear that both the severity and the length of the pandemic, and the damage to the region’s economies, will be compounded by this new strain. However, investors should look beyond the grim immediate news: the continent’s prospects are surprisingly good.

Towards an African single market

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri