Investors keep an eye on the big picture in Africa, in spite of short-term challenges

Johannesburg, South Africa

Concerns about the scale of the Ebola crisis and plunging commodity prices would have had investors fleeing Africa not that long ago. But dealmaking in the sub-Saharan region is buoyant as most investors set aside short-term worries and bet big on growth.

“Africa is on the radar,” said Miguel Azevedo, head of sub-Saharan Africa investment banking at Citigroup in London. “Companies are developing strategies to go into the region, and mergers and acquisitions are naturally following up.”

Read more: Investors keep an eye on the big picture in Africa – Times LIVE.

Recommended