“We have seen the bridge between the Middle East and Africa expanding at a rapid rate, and in 2025, we already saw significant investment by Gulf states into the region,” he said on Tuesday (November 25). “It’s about diversification of risk and investing in regions that have the potential for yield and growth — if you can show a track record, investment will follow.”
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Africa is home to some of the fastest-growing economies and population groups globally and will see growth of about 4% this year, outpacing the average of most other regions. While trade tensions and geopolitical risk have picked up since US President Donald Trump came into office, the continent has managed to court investors from other regions.The continent is managing to pull investment from large Middle Eastern sovereign funds, ultra-high net-worth individuals and corporates seeking expansion, said Prabhu. Investors are looking at transactions in the health-care, industrials, metals and mining and technology sectors, he said.
South Africa’s hosting of the Group of 20 leaders’ summit highlighted the continent’s issues on a global stage and opened the way for more frank discussions, said Prabhu.
On top of that, South Africa’s credit upgrade by S&P Global Ratings, its removal from the Financial Action Task Force’s dirty-money list, slower inflation and the fact that the government of national unity is holding together make it attractive for local and foreign investment, he said.
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