Understanding sub-Saharan Africa’s evolving risk landscape is an imperative in order to manage risks and opportunities in a way that is both opportunistic and sustainable.
Commodity crash exposing macroeconomic weaknesses
Structural risks, long evident in sub-Saharan African economies, were exposed by the end of the commodity super-cycle. One of the consequences was a slowdown in real GDP growth, which arguably bottomed out last year at a mere 1.4%, compared to an average of 5.3% per annum (p.a.) over the preceding decade, as reported by the International Monetary Fund (IMF).