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Investments under threat in Nigeria and South Africa

Foreign investments into the biggest economies in Sub-Saharan Africa took a blow this week. We think that the announcement of a major food retailer’s exit from Nigeria may be representative of the country’s deteriorating business conditions. And while the news that two brewers operating in South Africa are halting investments could prove to be a temporary measure, we are not optimistic about the government’s plans to boost investment in the country.

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