'Don't be fooled by the number of projects in Africa'

Companies should view with caution data about the large number of projects taking place in Africa. “There is no meaning in looking at the number of projects taking place,” said African economics expert Dr Duncan Clark. “There is much more value in looking at the volume of capital inflow into any one market when considering whether to extend operations into Africa,” he said. “Also, when one starts looking more closely at the projects it becomes clear that the vast majority is concentrated in a handful of countries.”