With a glimmer of hope for recovering commodities prices there are ‘green shoots of optimism’ amongst extractives companies that they will be able to make final investment decisions on major projects in sub-Saharan Africa in the next year to 18 months.
These projects, and the changing patterns of urbanisation, infrastructure development and industrialisation across Africa present very real, long-term opportunities for companies based in South Africa, writes Duncan Bonnett, a partner in specialist Africa consultancy, Africa House.